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2011 (9) TMI 1110 - AT - Income TaxExtract: ....... the income 8.5 instead of 9.5 applied by ld. CIT (A) subject to allowing depreciation, interest and remuneration to the partners as directed by ld. CIT (A). We order accordingly. 7. In the result, appeal of the department is dismissed and cross objection of the assessee is allowed in part. 8. The order is pronounced in the open court on 23.9.2011.
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