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    <title>2012 (11) TMI 332 - ITAT DELHI</title>
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    <description>The court set aside the Commissioner of Income Tax&#039;s order under section 263 as the Assessing Officer&#039;s original assessment was found not to be erroneous or prejudicial to the Revenue. The Assessing Officer&#039;s decisions on the allowability of rebate under section 88E, computation of tax payable under section 115JB, and disallowance under section 14A were deemed legally sustainable. Therefore, the appeal of the assessee was allowed.</description>
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      <description>The court set aside the Commissioner of Income Tax&#039;s order under section 263 as the Assessing Officer&#039;s original assessment was found not to be erroneous or prejudicial to the Revenue. The Assessing Officer&#039;s decisions on the allowability of rebate under section 88E, computation of tax payable under section 115JB, and disallowance under section 14A were deemed legally sustainable. Therefore, the appeal of the assessee was allowed.</description>
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