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2011 (9) TMI 1221 - AT - Income TaxExtract: ....... the interest amount would be given to the members of the society on dissolution of the Society. Hence, we approve the stands by the CIT(A) that interest received from other banks as exempt under the principle of mutuality. 10. Ground No.3 is thus dismissed. 11. In the result, appeal is dismissed. Pronounced in the open court on 7th September, 2011
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