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2002 (2) TMI 85 - HC - Income TaxExtract: ....... year 1985-86, in our opinion, the Tribunal has wrongly allowed the claim of the assessee under section 80C, while the investment in the NSCs are out of the amount of the FDRs in this year. The income invested in FDRs is of earlier years. In the result, we answer the question in the negative, i.e., in favour of the Revenue and against the assessee.
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