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1994 (3) TMI 163 - ITAT HYDERABAD-AExtract: .......assessment year 1989-90. I further hold that in the guise of making prima facie adjustment, loss of Rs. 10,974 is not permitted to be disallowed under law. It is beyond the powers of the Income-tax Officer to make such adjustment under section 143(1)(a). 10. In the result, the appeal is allowed and the orders of the lower authorities are set aside.
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