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1980 (1) TMI 109 - ITAT AHMEDABAD-AExtract: .......eme Court s decision in the case of T.S. Balaram vs. Volkart Bros. (82 ITR 50) would apply. In the circumstances, in our opinion the ITO could not have passed an order under s. 154 of the IT Act. It has wrongly been invoked and the orders, therefore, require to be vacated. The order of the AAC is reversed. 6. In the result, the appeals are allowed.
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