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1991 (1) TMI 34 - HC - Income Tax
Extract:
.......und by the Tribunal, the conclusion is inevitable that the interest income from fixed deposits was properly directed to be assessed under the head Business . For the reasons aforesaid, we answer the question in this reference in the affirmative and in favour of the assessee. There will be no order as to costs. BHAGABATI PRASAD BANERJEE J. -I agree.