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2012 (8) TMI 1177 - AT - Income TaxExtract: .......e loan creditors as well as the genuineness of transactions and thereafter, the AO will pass an order as per law after providing a reasonable opportunity of being heard to the assessee. 8. In the result, the assessee’s appeal stands allowed for statistical purposes. This order is pronounced in the open Court on the date mentioned hereinabove.
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