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2007 (4) TMI 283 - AT - Income TaxExtract: ....... Act. We, therefore, uphold the grievance of the assessee. 6. For the reasons set out above, we direct the AO to exclude lease rental component attributable to interest from chargeable interest brought to tax under the Interest-tax Act. The assessee gets the relief accordingly. 7. In the result, the appeals are allowed in the terms indicated above.
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