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1965 (2) TMI 95 - HC - Income TaxExtract: .......see's claim for exemption in respect of the amounts of interest received by the assessee on Government securities held by it as its stock-in-trade in the relevant assessment years. Our answer, therefore, to the question referred to us is in the affirmative. The department will pay the costs of the assessee. Question answered in the affirmative.
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