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1996 (10) TMI 15 - MADRAS HIGH COURTExtract: .......ilisation of the profit-making apparatus, viz., 1/3rd of Rs. 9.5 lakhs. Accordingly, we answer this part of the question in the negative and in favour of the assessee. In respect of the rest of the portion of the amount paid by the Japanese company, we are answering that portion of the question in the affirmative and against the assessee. No costs.
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