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    <description>The HC dismissed the Income Tax Dept.&#039;s appeals against the ITAT&#039;s decision favoring the respondent-Assessee for the assessment year 1988-89. The Court found no merit in the Dept.&#039;s arguments, emphasizing that the demand was unjustified as it relied solely on Enforcement Directorate proceedings, which had been resolved. The ITAT&#039;s decision was upheld, and any pending applications were disposed of.</description>
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