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1999 (7) TMI 27 - HC - Income TaxExtract: .......sing Officer had reason to believe that the income shown in the notices under section 148 was chargeable to tax and had escaped assessment. Thus, the petition has no merit. In the result, the petition is dismissed. The interim orders passed during the pendency of the petition stand vacated. In the circumstances, there shall be no order as to costs.
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