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1993 (4) TMI 101 - AT - Income TaxExtract: .......V. Meyyappa Chettiar v. CIT 1943 11 ITR 247 (Mad.) and also C.J. Sheth v. CIT 1962 46 ITR 1052 (Mad.). Therefore, the inclusion of arbitration amount in the assessment of the firm under section 176(3A) of the Act is deleted. Accordingly, the appeal of the assessee succeeds. 7 to 10. (These paras are not reproduced here as they involve minor issues.
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