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2001 (7) TMI 298 - AT - Income TaxExtract: ....... the Supreme Court decision cited supra there is no part of the said advance accrued to the assessee to constitute income to be chargeable to tax during the period. Thereby the addition of Rs. 25 lakh to the returned income of the assessee is unsustainable under law and it is to be set aside. 6. In the result, the appeal by the assessee is allowed.
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