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2012 (11) TMI 1327 - ITAT HYDERABADExtract: ....... claim of write off of Rs. 2,27,52,698 as ‘bad debt’ or as ‘expenditure’ and dismiss the ground of appeal raised by the assessee in this regard. 30. In the result, appeal of the assessee is dismissed. 31. To sum up, both the appeals of the revenue as well as assessee are dismissed. Pronounced in the open court on 27/11/2012.
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