2002 (9) TMI 68

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..... ing the appeal filed by the assessee?" Section 44B which is a special provision for computing profits and gains of shipping business in the case of non-residents, under the Explanation that was added by the Finance Act, 1997, expressly provides that demurrage charges or handling charges or any other amount of similar nature shall be regarded as the part of the amount paid or payable to the person .....

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..... he assessee's total income and accordingly in allowing the appeal filed by the assessee?" The assessment years are 1983-84, 1984-85 and 1987-88. Subsequent to the date of the Tribunal's order the applicable provision of the Income-tax Act was amended by the Finance Act, 1997, with effect from April 1, 1976, thereby making the amended law applicable for these assessment years as well. Section 4 .....

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