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1993 (3) TMI 160 - AT - Income TaxExtract: .......siness can be carried on by A. O.P. as well as by a firm etc. Simply because the status of the assessee viz., Kumar Picture Palace was held to be that of AOP does not have any material effect on any other issue decided in this appeal. We hold accordingly in this appeal on this issue. 12. In the result, this appeal by the assessee is allowed in part
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