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    <title>2011 (6) TMI 951 - ITAT KOLKATA</title>
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    <description>The Appellate Tribunal ITAT Kolkata allowed the appeal against the CIT&#039;s order u/s. 263 for assessment year 2006-07. The Tribunal found that the assessment order was not erroneous, and the CIT was not justified in assuming jurisdiction under section 263 of the Income Tax Act. Consequently, the order of the CIT was cancelled, and the appeal of the assessee was allowed.</description>
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      <description>The Appellate Tribunal ITAT Kolkata allowed the appeal against the CIT&#039;s order u/s. 263 for assessment year 2006-07. The Tribunal found that the assessment order was not erroneous, and the CIT was not justified in assuming jurisdiction under section 263 of the Income Tax Act. Consequently, the order of the CIT was cancelled, and the appeal of the assessee was allowed.</description>
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