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1987 (11) TMI 125 - ITAT HYDERABAD-BExtract: .......these reasons, we hold that the method of accounting is not a relevant piece to be considered. We further hold that the correct method is of grossing of receipts. To sum up, our finding is that the non-resident must be assessed on a total receipt of Rs. 1,32,072 grossed up according to the principles of tax on tax. 24. The appeal is partly allowed.
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