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2007 (12) TMI 503 - HC - Income TaxExtract: .......sidered order. 10. In the circumstances, we have to answer the question of law in favour of the revenue and the matter requires to be reconsidered by the Assessing Officer afresh after hearing the parties. 11. Accordingly, we allow this appeal. The order passed by the Tribunal is hereby set aside and the matter is remanded to the Assessing Officer.
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