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2011 (11) TMI 708 - AT - Income TaxExtract: .......addition in respect of G.P. addition and disallowance of expenses. 21. In the combined result, both the quantum appeals of the assessee and penalty appeal for A. Y. 2001 - 02 are partly allowed, penalty appeal for A. Y. 2000 - 01 is allowed and the appeal of the revenue is dismissed. Order pronounced in Open Court on the date mentioned hereinabove.
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