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The Cit-Ii, Pune vs M/S Brahma Associates on 21 October, 2016

15. On hearing both the parties on this issue, we find, this issue was not adjudicated by the Lower Authorities in proper perspective by giving speaking order as requested by the Ld. Counsel. Accordingly, we are of the considered opinion that this issue should be remanded to the file of Assessing Officer for fresh adjudication after considering the judgment of Hon'ble Jurisdictional High Court in the case of CIT Vs. Brahma Associates (supra.) and after giving reasonable opportunity of being heard to the assessee. Accordingly, this part of ground raised by the assessee is partly allowed for statistical purposes.
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