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1995 (4) TMI 115 - AT - Income TaxExtract: .......question is not in any way reduced. 21. In view of the foregoing, therefore, we hold first that the chargeable profits of the assessee is Rs. 52,23,384 and secondly that the surtax payable by the assessee is Rs. 11,95,295. We direct the Assessing Officer to amend the surtax assessment accordingly. 22. In the result, the assessee s appeal is allowed
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