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2016 (9) TMI 641 - AT - Income TaxAssessment of loss - under the head “profit and gains from business or profession” OR under the head “income from house property” - Held that:- In view of the decision of the Tribunal in group cases of the assessee, we are of the considered view that the facts of the assessee’s case is fully covered by the decision of the Tribunal and therefore, respectfully following the decision of the same allow the appeal of the assessee by setting aside the order of ld.CIT(A) and direct the AO to treat the income of the assessee as “Income From House Property”.
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