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1951 (2) TMI 21 - HC - Income TaxExtract: .......sessee under Section 4A, while determining the income under Section 10 for the standard period. That is clearly wrong under Rule 1 of the Schedule. In our view, the Tribunal was right and the sum of ₹ 66,386 cannot be ignored from calculation of profits for the standard period. We answer the question in the affirmative. Harries, C.J.-I agree.
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