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    <description>The Tribunal condoned a 114-day delay in filing the appeal, admitting it for adjudication. The assessee&#039;s appeal, concerning undisclosed income in real estate, was partly allowed. The Tribunal directed the Assessing Officer to recompute income using an 18.40% net profit ratio, emphasizing natural justice. The additional ground on reopening assessment was dismissed as not pressed.</description>
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      <description>The Tribunal condoned a 114-day delay in filing the appeal, admitting it for adjudication. The assessee&#039;s appeal, concerning undisclosed income in real estate, was partly allowed. The Tribunal directed the Assessing Officer to recompute income using an 18.40% net profit ratio, emphasizing natural justice. The additional ground on reopening assessment was dismissed as not pressed.</description>
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