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    <description>The tribunal condoned the delay in filing the appeal by the Department, upheld the validity of reassessment proceedings, and allowed the deduction under Section 54F of the Income Tax Act for the assessee. The tribunal dismissed the Revenue&#039;s appeal and the assessee&#039;s cross objection, affirming the CIT(A)&#039;s decisions.</description>
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      <description>The tribunal condoned the delay in filing the appeal by the Department, upheld the validity of reassessment proceedings, and allowed the deduction under Section 54F of the Income Tax Act for the assessee. The tribunal dismissed the Revenue&#039;s appeal and the assessee&#039;s cross objection, affirming the CIT(A)&#039;s decisions.</description>
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