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1984 (3) TMI 3 - HC - Income TaxExtract: .......mstances of the case, the Tribunal was right in holding that the provisions of section 81(v) of the Income-tax Act, 1961, were not applicable to the interest received by the assessee on Government securities which were held by it as part of its stock-in-trade. The question referred is answered in the affirmative. There will be no order as to costs.
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