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1978 (2) TMI 122 - AT - Income TaxExtract: .......count. The learned AAC himself felt that gross profit of 14 per cent was appropriate in this account in order to secure that result, we would sustain trading account addition of Rs. 12,000, including Rs. 5,000 already added by the ITO. The addition of Rs. 41,210 is, accordingly reduced by Rs. 34,210. 6. In the result, the appeal succeeds partially.
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