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2006 (3) TMI 674 - AT - Income TaxExtract: .......to accept the view of the learned CIT that the order passed by the Assessing Officer suffers from an error and it is prejudicial to the interests of the revenue. Under these circumstances, we allow the appeal of the assessee and cancel the order passed by the CIT under section 263 of the Act. 9. In the result, the appeal of the assessee is allowed.
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