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1979 (2) TMI 58 - HC - Income TaxExtract: .......ances to Sifco Ltd. In the result, we fully agree with the Tribunal and the question referred to us is answered as follows On the facts and in the circumstances of the case, the interest income of Rs. 63,485 was assessable as business income and not as income from other sources. The Commissioner will pay to the assessee the costs of this reference.
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