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1987 (3) TMI 168 - ITAT HYDERABAD-AExtract: .......it disclosed by the assessee is 42.62 per cent on a higher turnover in this year as against 40.73 per cent on lower turn over in the asst. yr. 1980-81. Thus, it cannot be said that the true profits cannot be arrived at by the method adopted by the assessee. Thus, we uphold the order of the CIT(A). 5. In the result the appeal fails and is dismissed.
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