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    <description>The Tribunal quashed the proceedings under section 263, reinstating the reassessment order dated 30.11.2018. The appeal of the assessee was allowed as the Tribunal found that the Assessing Officer had properly conducted inquiries on the issues raised, and the Principal Commissioner&#039;s invocation of section 263 was deemed legally incorrect and untenable.</description>
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      <description>The Tribunal quashed the proceedings under section 263, reinstating the reassessment order dated 30.11.2018. The appeal of the assessee was allowed as the Tribunal found that the Assessing Officer had properly conducted inquiries on the issues raised, and the Principal Commissioner&#039;s invocation of section 263 was deemed legally incorrect and untenable.</description>
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