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2009 (12) TMI 992 - AT - Income TaxExtract: .......rguments of the learned DR that higher gross profit rate may be applied in such circumstances. 7. In view of the above discussions, we set aside the orders of the authorities below and direct the AO to restrict the addition to ₹ 4,79,518/- in all. 8. As a result, the appeal of the assessee is partly allowed. Order pronounced on 18th Dec, 2009
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