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1999 (10) TMI 87 - AT - Income TaxExtract: .......partake the character of investment by way of loans and advances and consequently the income therefrom cannot take the colour of interest on loan or interest on advances. So far as the present appeals are concerned, the orders of the CIT(A) and that of the Assessing Officer on this score are, therefore, reversed. The assessee s appeals are allowed.
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