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2005 (5) TMI 580 - AT - Income TaxExtract: .......income from such advancing of loans cannot be assessed as business income and should be assessed as income from other sources. Accordingly, we are satisfied that the ld. CIT(A) was justified in upholding the decision of the Assessing Officer. We, therefore, reject the ground of the assessee in this appeal. 10. In the result the appeal is dismissed.
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