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2007 (1) TMI 145 - MADRAS HIGH COURTExtract: .......iew of the matter, we hold that the addition made by the Tribunal under section 69C of the Act is sustainable and that the Tribunal estimated the gross profit at 25 per cent. in the circumstances of the case, and accordingly, we answer both the questions in the affirmative and against the Revenue (?). The tax case appeals stand dismissed. No costs.
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