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1987 (11) TMI 121 - ITAT DELHI-BExtract: .......s who maintained their accounts according to the mercantile system and that the expression received by applied to those assessees who adopted the cash system. In view of the foregoing discussion, we are of the view that the amount in question, could not be held to be taxable for the assessment year in question. 6. The appeal is accordingly allowed.
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