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of <h1>Tax Appeals Allowed for Assessee Exemption</h1> The appeals were allowed against the CIT (A) orders, granting exemption to the assessee from s. 249(4) of the IT Act. The Tribunal found no deliberate ... - The appeals were against CIT (A) orders refusing to exempt the assessee from s. 249(4) of the IT Act. Assessee had paid major portion of tax due within previous year. Tribunal found no deliberate intent to avoid tax, granted exemption, and directed CIT to entertain appeals. Appeals allowed.
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