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2007 (9) TMI 301 - AT - Income TaxExtract: .......ssments are to be cancelled. Since we have cancelled the reassessments the appeals of Revenue have become infructuous. 20. In the result, the appeals of assessee in the case of IXS are treated as allowed whereas the appeals of the Revenue in the case of IXS are dismissed. The appeals of FIPL and HIPL are treated as allowed for statistical purposes.
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