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1988 (4) TMI 102 - ITAT COCHINExtract: .......r facts of this case, i.e. the exemption under s. 11 being available to the assessee for the subsequent years there is really no revenue loss. Therefore, the order is not prejudicial to revenue even though the Department may have a debatable case to hold that the interest is not an allowable deduction. In the result, we allow the assessee s appeal.
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