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    <title>2008 (12) TMI 237 - ITAT CALCUTTA-B</title>
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    <description>The Tribunal allowed the appeal filed by the assessee, condoning the delay in filing and upholding the assessment order passed by the Assessing Officer under section 143(3) of the Income Tax Act, 1961. The Tribunal found that the Assessing Officer had properly scrutinized and verified the books of accounts, cash, and stock, dismissing the CIT&#039;s invocation of jurisdiction under section 263 as unfounded.</description>
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      <description>The Tribunal allowed the appeal filed by the assessee, condoning the delay in filing and upholding the assessment order passed by the Assessing Officer under section 143(3) of the Income Tax Act, 1961. The Tribunal found that the Assessing Officer had properly scrutinized and verified the books of accounts, cash, and stock, dismissing the CIT&#039;s invocation of jurisdiction under section 263 as unfounded.</description>
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