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2010 (4) TMI 1126 - AT - Income TaxExtract: ....... 7 parties amounting to ₹ 4,70,72,384 are genuine. The Assessing Officer shall decide the issue afresh and in accordance with law on account of the seven parties only. We hold and direct accordingly. 16. In the result, the appeal filed by the Revenue is partly allowed for statistical purposes and the appeal filed by the assessee is dismissed.
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