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1979 (8) TMI 123 - AT - Income Tax

The Department appealed against AAC's order deleting additions to HUF's income. Smt. Sushila Devi Tamakuwala received interest on deposits in her individual capacity from firms she was a partner in. The AAC directed ITO to exclude the interest from HUF's income, which the ITAT upheld. The appeal was dismissed.

 

 

 

 

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