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    <title>2008 (11) TMI 702 - ITAT DELHI</title>
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    <description>The Tribunal allowed the appeal of the assessee, quashing the assessment order due to an unreasonable delay in issuing the notice under section 158BD of the IT Act, 1961, and the lack of proper satisfaction recorded by the Assessing Officer. Additionally, the Tribunal found the confirmation of the addition of Rs. 5,20,568 as commission income to be unjustified, as the satisfaction note provided by the AO was deemed inadequate and lacked reference to specific seized material related to the assessee.</description>
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      <description>The Tribunal allowed the appeal of the assessee, quashing the assessment order due to an unreasonable delay in issuing the notice under section 158BD of the IT Act, 1961, and the lack of proper satisfaction recorded by the Assessing Officer. Additionally, the Tribunal found the confirmation of the addition of Rs. 5,20,568 as commission income to be unjustified, as the satisfaction note provided by the AO was deemed inadequate and lacked reference to specific seized material related to the assessee.</description>
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