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2010 (6) TMI 784 - AT - Income TaxExtract: .......the amount of balances written off. Therefore, the AO may ascertain the exact amount written off by the assessee by way of term-loan, cash-credit limit and the interest. Thereafter, he may give effect to this order as mentioned above. 10. In the result, the appeal is partly allowed. This order was pronounced in the open court on 11th of June, 2010.
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