High Court Orders Reassessment of Tax; Immediate Hearing Required for Petitioner's Rectification Application; No Stay on Property Sale.

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....The HC held that the assessment order was improperly applied, requiring reconsideration by the respondent authorities. The rectification application filed by the petitioner must be heard promptly, allowing the petitioner to produce necessary documents. However, the HC refused to grant a stay on the attachment notice or sale of the petitioner's attached property. The petition was disposed of accordingly.....