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2022 (2) TMI 1027 - ITAT MUMBAIRectification u/s 154 - Exemption u/s 11 - HELD THAT:- It is clear that the issue for consideration before us has its roots in order passed under Section 154 rectifying the AO - The aforesaid assessment order has already been set aside by the Tribunal vide common order [2021 (11) TMI 1024 - ITAT MUMBAI]. Therefore, we are of the view that it would be in the interest of justice that the issue before us pertaining to the utilization of accumulated also remanded to the file of AO who would be at liberty to examine the same in terms of Section 11(3)(c) of the Act and the grant relief to the Assessee, if any, as per the applicable law. Accordingly, the issue is remitted to the file of Assessing Officer and the present appeal is disposed off in terms of the aforesaid directions.
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