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1973 (7) TMI 91 - HC - VAT and Sales TaxExtract: .......rate in the earlier year, we have no reason to say that the gross profit rate of 39 per cent shown this year indicates that the assessee had any suppressed turnover, either of purchases or of sales. Therefore, the addition made in this case cannot be sustained. The tax case is, therefore, allowed with costs. Counsel s fee Rs. 150. Petition allowed.
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