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2007 (5) TMI 358 - ITAT DELHI
Extract:
.......ome-tax Act, 1961. The Assessing Officer is further directed to recalculate the deduction under section 80-IB by excluding the interest expenditure out of the P and L account prepared for its business of industrial undertaking. We direct accordingly. 10. In the result, the appeal of the revenue is allowed in part, in terms as indicated hereinabove.