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    <description>The High Court allowed the appeal, set aside the impugned order, and affirmed the Assessing Officer&#039;s jurisdiction under Chapter XIV-B for block assessment. The court directed the Tribunal to address all other issues raised by the assessee on the merits within a specific timeline, ensuring compliance with legal procedures. The judgment underscored the importance of interpreting and applying relevant legal provisions accurately in assessment proceedings under the Income-tax Act.</description>
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