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2007 (2) TMI 201 - HC - Income TaxExtract: .......n this view of the matter, we hold that the respondent is justified in reopening the assessment and deciding the tax liability of the petitioner by the order impugned in this writ petition. In fine, the writ petition stands dismissed. No costs. It is open to the petitioner to challenge the demand of tax, if it is so advised, in accordance with law.
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