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2011 (1) TMI 1407 - AT - Income TaxExtract: .......se of Shreyans Industries (supra), there is no infirmity in assessee being allowed deduction in respect of the loss so incurred to the assessee. We approve the conclusions arrived at by the CIT (A) and decline to interfere in the matter. 7. In the result, the appeal of the revenue stands dismissed. Pronounced in the open court on 28TH January, 2011
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