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2008 (4) TMI 236 - HC - Income TaxTribunal was justified in holding that the interest income of Rs.95,97,864/-recovered from delayed payments from the Sundry Debtors to whom the industrial unit of the assessee had sold the goods could be treated as interest income derived from the industrial undertaking of the assessee in light of the provisions of section 80HH - even though the assessee has realised income from other sources, Assessing Officer is directed to recompute the deduction under sec.80HH.
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