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    <title>2011 (6) TMI 395 - ITAT CHENNAI</title>
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    <description>The Tribunal partly allowed the assessee&#039;s appeals for AY 2002-03, 2003-04, 2005-06, and 2006-07, directing a re-adjudication in line with the Supreme Court decision in Enron Oil &amp;amp; Gas India Ltd. The revenue&#039;s appeal for AY 2006-07 was dismissed. The Tribunal upheld the reopening of assessments for AY 2002-03 and 2003-04 and the revision of the assessment for AY 2005-06 under Section 263.</description>
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      <description>The Tribunal partly allowed the assessee&#039;s appeals for AY 2002-03, 2003-04, 2005-06, and 2006-07, directing a re-adjudication in line with the Supreme Court decision in Enron Oil &amp;amp; Gas India Ltd. The revenue&#039;s appeal for AY 2006-07 was dismissed. The Tribunal upheld the reopening of assessments for AY 2002-03 and 2003-04 and the revision of the assessment for AY 2005-06 under Section 263.</description>
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