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2010 (8) TMI 941 - HC - Income TaxExtract: .......e matter. However, it will be open to the petitioner to contest the estimate of the investment in the construction of the house in the re-assessment proceeding by adducing necessary evidences, which shall be considered by the assessing authority in accordance to law. In the result, the writ petition is dismissed. There shall be no order as to cost.
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