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1987 (9) TMI 113 - ITAT MADRAS-DExtract: .......iness was distinct and separate and had been discontinued and what was done in terms of the agreement was a new business or what the assessee received was in the nature of commission on the basis of what was in reality an agency agreement. We accordingly set aside the order of the Commissioner and restore that of the I. T. O. The appeal is allowed.
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