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1991 (3) TMI 108 - HC - Income TaxExtract: .......st as such but for not keeping the money idle. We do not find that the assessee had placed any material of the kind before any of the authorities below. In the above view of the matter, we answer the question thus The income of Rs. 12,38,387 being interest received on loans and advances is taxable as income from other sources. No order as to costs.
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