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2003 (5) TMI 195 - AT - Income TaxExtract: .......llant company mainly consisted of manufacturing income being the highest in percentage, therefore, the Assessing Officer has wrongly charged the rate of tax at 50 . Resultantly the order of ld. CIT(A) in this regard is hereby reversed and this ground of the assessee is allowed. 22. In the result, both the appeals of the assessee are partly allowed.
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