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1975 (9) TMI 22 - HC - Income TaxExtract: .......efore and the same is hereby set aside. The Income-tax Officer will now proceed to make the assessment in the light of the aforesaid observations. The rule is made absolute to the extent indicated above. There will be no order for costs. Interim orders are vacated. Let there be stay of operation of this order till two weeks after the long vacation.
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