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    <title>2007 (6) TMI 153 - BOMBAY HIGH COURT</title>
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    <description>The Court quashed and set aside the order dated 24th February, 1993, under Section 269UD(1) of the Income Tax Act. The decision was based on violations of natural justice principles, incorrect rate determination, failure to provide essential materials, and lack of evidence supporting an attempt to evade tax. The Court found the order pre-determined and lacking in necessary materials, ultimately ruling in favor of the Petitioners.</description>
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      <description>The Court quashed and set aside the order dated 24th February, 1993, under Section 269UD(1) of the Income Tax Act. The decision was based on violations of natural justice principles, incorrect rate determination, failure to provide essential materials, and lack of evidence supporting an attempt to evade tax. The Court found the order pre-determined and lacking in necessary materials, ultimately ruling in favor of the Petitioners.</description>
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