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1996 (5) TMI 73 - HC - Income TaxExtract: .......e-tax Act. A Therefore, in our opinion, the Tribunal was not justified in law in holding that the interest earned by the assessee on money kept in fixed deposit with the bank was not assessable under the Income-tax Act. Accordingly, we answer the question in the negative, against the assessee and in favour of the Revenue. N. S. SINGH J. ---I agree.
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