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2002 (7) TMI 85 - HC - Income TaxAssessment, Limitation - "Whether, on the facts and in the circumstances of the case, the present assessment proceedings should be considered to be barred by law because of the intervening irregularities and the consequent delay?" - In our view the time barring assessment does not come within the purview of mistake, defect or omission referred in section 292B of the Act, 1961, therefore, the order of the Tribunal is erroneous. - In the result, we answer the question in the negative, i.e., in favour of the assessee and against the Revenue.
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