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2008 (11) TMI 284 - AT - Income TaxExtract: .......t and therefore we do not deal with the same. 29. In view of above discussion, we hold that CIT was right in exercising his jurisdiction under s. 263 of IT Act as the assessment order was erroneous as well as prejudicial to the interest of the Revenue. We decline to interfere in the same. 30. In the result, this appeal of the assessee is dismissed.
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