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2010 (8) TMI 1028 - AT - Income TaxExtract: .......ance with law with regard to the first aspect, he will then decide upon the quantum of deemed dividend on the basis of payment made on each day vis-avis the accumulated profits of that company on the date of payment. 12. In the result, the appeal of the assessee is allowed for statistical purposes. The order was pronounced in the court on 6-8-2010.
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