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2003 (3) TMI 48 - HC - Income TaxHas the Income-tax Appellate Tribunal erred in taking the view that the amount of Rs. 5,34,572 earned by way of interest by the assessee was income from other sources and thus could not be included under section 80HHC of the Income-tax Act, 1961? - Sub-section (4) of section 80HHC clearly postulates that deduction shall be admissible only when the assessee furnishes the particulars in the prescribed form along with the return of income and the report of the accountant. This was admittedly not done in the present case. - we find no infirmity in the view taken by the Tribunal. - we find no merit in this appeal
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