1979 (2) TMI 136

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....dol. His job is to carry out loading, unloading, stacking, dumping etc. of coal for which he has to employ labour and pay wages at the rates prescribed by the Coal Mines Authority. The dispute relates to estimate of net profit on the total receipts. In the three asst. yrs. under appeal, the assessee had declared income of Rs. 20,000, Rs. 24,000and Rs. 25,000 on receipts of Rs. 4,83,600, Rs. 5,91,5....