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1982 (1) TMI 70 - AT - Income TaxExtract: .......of interest received on the short-term deposit of the assessee-company. Therefore, this amount cannot be considered to be the income of the assessee. Since we are deciding the first point in favour of the assessee, it is not necessary to consider the second argument put forward by the assessee's counsel. 7. In the result, the appeal is allowed.
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