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1992 (10) TMI 123 - ITAT HYDERABAD-BExtract: .......accumulated income relating to financial year 1972-73 equivalent to assessment year 1973-74 is not correct. 10. In view of the above, we hold that the revisionary order of the learned Commissioner of Income-tax passed under section 263 of the Income-tax Act does not appear to be valid under law and therefore, it is set aside. The appeal is allowed.
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