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2006 (5) TMI 125 - AT - Wealth-taxExtract: .......re us by invoking the provisions of section 17 of the Wealth-tax Act. We, therefore, cancel the reassessment proceedings initiated by the Assessing Officer under section 17 of the Act for the assessment years under appeal and set aside the order of the CWT (Appeals). 16. In the result, all the appeals of the assessee are allowed. Order accordingly.
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