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    <title>2012 (4) TMI 268 - RAJASTHAN HIGH COURT</title>
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    <description>The High Court quashed the Assistant Commissioner&#039;s denial of the petitioner&#039;s stay of demand application under the Income Tax Act, citing failure to consider legal precedents and circulars. The court directed a fresh review, emphasizing the importance of adhering to legal principles and circulars in such matters. The Assistant Commissioner was instructed to reevaluate the application, provide a hearing, and consider relevant judgments and circulars within a specified deadline.</description>
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