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7. Now the assessee is in appeal.

8. The Ld. Counsel for the Assessee reiterated the submissions made before the authorities below and submitted that the decrease in NPR was due to the increase in the turnover and this fact has not been appreciated in right perspective either by the Assessing Officer or by the Ld. CIT(A). He submitted that the NPR applied by the Ld. CIT(A) was highly excessive.

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