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1997 (10) TMI 88 - AT - Income TaxExtract: .......terest as part of the turn over. In our opinion, the view propounded by the assessee s counsel is the correct view in view of the judgment of the Supreme Court in the case of Keshavji Raowjee and Co. We direct the AO accordingly to adopt only the net figure of interest as part of the turnover. 9. In the result, both the appeals are allowed in part.
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