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2002 (9) TMI 15 - HC - Income TaxSpecial deduction - The only question involved herein is whether the Tribunal is justified in holding that the respondent-assessee is entitled to deduction under section 80P(2)(a)(i) of the Act in respect of the interest and dividend income of Rs. 2,50,664 derived out of investment in National Savings Certificates, Indira Vikas Patras, Kisan Vikas Patras, short-term fixed deposits in banks and shares of Maharashtra State Finance Corporation of India. - We hold that the view ultimately taken by the Tribunal, though not on a very sound reasoning, has to be upheld as correct. The appeal is accordingly dismissed.
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