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2004 (5) TMI 280 - AT - Income TaxExtract: .......the facts and circumstances of the case and we hold that the impugned interest was neither earned from a separate business activity nor was it earned from an activity which was incidental to the main business of the assessee-company of manufacturing scooters. The ground No. 3 is accordingly rejected. 32. In the result, the appeal is partly allowed.
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