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1986 (11) TMI 31 - HC - Income TaxExtract: .......the orders of reassessment, any further proceedings have been initiated by the Revenue. In the absence of any such information, we have to presume that the orders of reassessment stand annulled finally. The question is, therefore, answered in the affirmative and in favour of the assessee. There will be no order as to costs. MONJULA BOSE J.-I agree.
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