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2016 (6) TMI 524 - AT - Income TaxEligibility of deduction u/s.80IB - interest receivable on trading - Held that:- Interest receivable on trading should also be treated as part of business profit on which deduction u/s 80IB has to be allowed. See CIT vs Vidyut Corporation [2010 (4) TMI 229 - BOMBAY HIGH COURT] and CIT vs Pratham Developers(2013 (8) TMI 112 - GUJARAT HIGH COURT ) - Decided in favour of assessee
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