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2011 (7) TMI 1337 - AT - Income TaxExtract: ....... the AO and thereafter, the AO is directed to re-adjudicate the issue in accordance with law. Needless to mention, the AO will allow adequate opportunity to the assessee to produce all the evidences before him. 8. In the result, Revenue’s appeal is deemed to be allowed for statistical purpose. Order pronounced in Open Court on 28th July, 2011
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