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2006 (2) TMI 498 - AT - Income TaxExtract: .......justed towards the loss from the sale of bonds), that is, Rs. 25,71,926 and thereby the same to be exempted from taxation under section 10(15)(iv)( h) of the Act. The CIT(A) is justified in computing interest income at Rs. 25,71,926 after adjusting Rs. 1,28,074. The same is upheld. 6. As a result, both the cross-appeals are disposed of accordingly.
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