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1991 (8) TMI 166 - AT - Income TaxExtract: .......ed by the assessee. When the working is done in this manner, there will not be any profit liable to tax under section 115J in the Asst. year under consideration. In these facts and circumstances of the case, I hold that the Assessing Officer was not justified in levying Rs. 14,124 as tax under section 115J. 10. in the result, the appeal is allowed.
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