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2004 (1) TMI 309 - AT - Income TaxExtract: .......rm the order of the CIT(A) in this case and hold that the impugned interest received by the assessee was a capital receipt and so is required to be set off against the project development and pre-operative expenses. Consequently, the grounds of appeal taken by the revenue are rejected. 5. In the result, the appeal filed by the revenue is dismissed.
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