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2008 (8) TMI 10 - HC - Income TaxMoney deposited with the Bank towards margin money for issuance of letters of credit for import of capital goods – interest earned on this amount should not be treated as income from other sources – impugned deposited are not investment so interest earned is required to be credited against pre-operative expenses(pending capitalization) incurred by the Assessee - loss on account of foreign exchange rate fluctuation cannot be disallowed – revenue appeal dismissed
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