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1995 (5) TMI 57 - AT - Income TaxExtract: ....... 10 would work out to Rs. 20,000 as against the net profit of Rs. 15,100 shown by the assessee himself. In our opinion, such an estimate would be quite fair and in keeping with the facts of the case. We accordingly direct the Assessing Officer to take the net profit from cloth business at Rs. 20,000. 10. In the result, the appeal is partly allowed.
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