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2008 (7) TMI 619 - AT - Income TaxExtract: ....... for option under tonnage scheme. The application filed by the assessee, in our view, having regard to the facts and circumstances of the case has rightly been directed to be considered under Chapter XIIG of the Act. 11. In the result, the appeal of the revenue is dismissed. The Cross-Objection has become infructuous and the same is also dismissed.
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