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2002 (4) TMI 232 - AT - Income TaxExtract: .......regoing reasons we see no justification for acceding to the request of the assessee in the present petition, viz. stay of the assessment proceedings taken up in pursuance of the order of the Commissioner under section 263 of the Act. We accordingly reject the plea of the assessee in the present petition. 8. In the result, stay petition is rejected.
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