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2007 (1) TMI 288 - AT - Income TaxExtract: .......king partner of the firm. This is a consequential issue. As we have already directed the Assessing Officer to treat the interest earned by the assessee as business income, consequently, the Assessing Officer should compute the allowable salary/remuneration as per the provisions of law. 12. In the result, all the appeals of the assessee are allowed.
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