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2014 (4) TMI 116 - AT - Income TaxQuantum of Disallowance - Disallowance of interest payments – Held that:- in absence of any appearance on behalf of assessee, unable to ascertain correctness of working of learned Departmental Representative - Set aside impugned order of CIT(A), and restore matter to file of Assessing Officer, with direction to re-determine issue afresh - He shall afford reasonable opportunity of hearing to assessee, and re-determine quantum of disallowance, if any warranted, in accordance with law – Decided partly in favour of Revenue.
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