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1987 (9) TMI 428 - ITAT AHMEDABADExtract: .......ows - (1) The rent received by the assessee on the facts and circumstances of the case from the bank was business income. (2) The interest on the extra amount of ₹ 2,50,000 should be allowed as a deduction. The matter is referred to the Bench to pass the order so that a final order can be passed after taking the view of the majority decision.
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