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2013 (12) TMI 1546 - AT - Income TaxEstimation of accrued interest on NPAs - Held that:- Assessee was justified in contending for amortization of premium paid in excess of face value of securities held to maturity (HTM) category or period remaining till maturity was found reasonable by the CIT(A). Accordingly addition made by the Assessing Officer by disallowing amount towards amortization of Government Securities (HMT) was deleted.
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