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1982 (9) TMI 119 - AT - Income TaxExtract: .......7 on a turnover of Rs. 95,609. We, therefore, keeping in view the part results and the facts and circumstances of the case, consider it just and reasonable to estimate the net profit of the assessee for the year under consideration at Rs. 25,000 against Rs. 34,235 estimated by the AAC. 4. In the result, the appeal by the assessee is partly allowed.
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