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1994 (11) TMI 116 - HC - Income TaxExtract: .......ed by Electrochem Orissa Limited to the tune of Rs. 30,960 from short-term deposits for the assessment year 1979-80 should not be treated as income earned by the assessee under the head Income from other sources . Thus, the answer is against the Department and in favour of the assessee. The reference is answered accordingly. P. C. NAIK J.--I agree.
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