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2008 (7) TMI 612 - ITAT MUMBAI
Extract:
.......e profits as per the gross profits decided in the preceding paragraph. Assessing Officer shall give reasonable opportunity of being heard to the assessee. Accordingly, the ground 8 is set aside. 36. Ground Nos. 9 and 10 are consequential, therefore, they are not separately adjudicated. 37. In the result the appeal of the assessee is partly allowed.