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2011 (8) TMI 1320 - ITAT KOLKATAExtract: .......t income of ₹ 61,622/- is to be treated as icome rom business. Since we have already directed the A.O. to adopt the rate of net profit at 2% on gross contractual receipts of the assessee as its business income, in our opinion, no separate addition of ₹ 61,622/- is required. 7. In the result, the appeal of the assessee is partly allowed.
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