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1981 (5) TMI 2 - HC - Income TaxExtract: ....... the amount received as interest in the accounting year would be assessed to tax in that year and not the entire amount. In the above premises, we answer the question in the affirmative and in favour of the assessee. As all the High Courts are unanimous on the point, we are making the Revenue liable to pay the costs. SABYASACHI MUKHARJI J.-I agree.
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