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2013 (5) TMI 885 - ITAT INDORE
Extract:
.......vestment as well as the exempt income, so as to facilitate the Assessing Officer to work out the disallowance in terms of principle laid down by the Special Bench in the case of Vishnu Anant Mahajan (supra). We direct accordingly. 20. In the result, the appeals are allowed in part. This order has been pronounced in the open court on 16th May, 2013.