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1985 (3) TMI 304 - AT - Income TaxExtract: .......neering and bid evluations, has to be held as a step-in-aid for construction of factories and plants of the Corporation, hence, under section 9(1)( vii) read with Explanation 2 attached thereto the income is not taxable. We hold and direct accordingly. ₹ 84,456, as such, stands deleted from computation. The appeal succeeds and stands allowed.
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