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2002 (12) TMI 560 - AT - Income TaxExtract: .......laimed to be a capital receipt and not taxable. Accordingly, we respectfully follow the aforesaid decision and hold that interest allowed to the assessee was exempt and not taxable. 7. In the result, the appeal of the Revenue for assessment year 1993-94 is dismissed whereas those of the assessee for assessment years 1994-95 and 1995-96 are allowed.
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