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    <description>The appeal was dismissed as the First Appellate Authority (FAA) upheld the deletion of Short Term Capital Gain, allowing adjustment of acquired assets in the block of assets under section 43(6)(c). The FAA also directed the Assessing Officer (AO) to refer property valuation to the District Valuation Officer (DVO) as mandated by section 50C(2), leading to the dismissal of the AO&#039;s appeal.</description>
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      <description>The appeal was dismissed as the First Appellate Authority (FAA) upheld the deletion of Short Term Capital Gain, allowing adjustment of acquired assets in the block of assets under section 43(6)(c). The FAA also directed the Assessing Officer (AO) to refer property valuation to the District Valuation Officer (DVO) as mandated by section 50C(2), leading to the dismissal of the AO&#039;s appeal.</description>
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