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1995 (3) TMI 163 - AT - Income TaxExtract: .......ar assessment under section 143(3) after issuing due notice to the assessee under section 143(2) and after making due enquiries with regard to admissibility or otherwise of the assessee s claim for deduction of profit of Rs. 41,24,150 from the Net Profit as per Profit and Loss Account. 11. In the result, the assessee s appeal is treated as allowed.
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