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2011 (6) TMI 900 - ITAT KOLKATAExtract: .......al income. Thus it is exempted under section 10(1) of the Income Tax Act. Hence, we agree with the order of ld. CIT(Appeals) and reject Ground No. 4 of the appeal taken by the Department. 35. In the result, appeal of the assessee is allowed in part and whereas appeal of the Department is dismissed. ORDER PRONOUNCED IN THE OPEN COURT ON 10.06. 2011.
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