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2018 (2) TMI 664 - AT - Income TaxAccrual of interest on FDRs - interest credited on Infrastructure Development Fund Account maintained by the assessee and considering by it as capital receipt in the books of account as being not offered for taxation - Held that:- As relying on assessee's own case [2015 (6) TMI 1151 - ITAT AGRA] the interest in question cannot be treated as income of the assessee, therefore, the grievance of the assessee is accepted and as such allowed. The grounds of the Department’s appeal is found without merits and substance and hence, dismissed.
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