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2010 (7) TMI 1206 - AT - Income TaxExtract: .......deleted the addition by following the Hon’ble Supreme Court decision in the case of Mahalaxmi Mills co. (supra). Therefore, we confirm the order of CIT(A) on this issue. 26. In the result, the appeal of the revenue is dismissed and the appeal of the assessee is partly allowed. Order pronounced in the open court on this 30th day of July, 2010.
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