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2002 (1) TMI 49 - BOMBAY HIGH COURTExtract: .......duction of interest on NRD shall constitute trading receipts of the assessee. Accordingly, the aforesaid question, to the extent of these two items of deductions, is answered in favour of the Revenue and against the assessees. In the result, for the reasons stated above, the appeals filed by the Revenue are partly allowed with no order as to costs.
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