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2009 (3) TMI 226 - AT - Income TaxExtract: .......e considered along with amount of bonus thereon, which the assessee is entitled to get. Accordingly action of the assessee in offering the net amount received from LIC after deduction of loan and interest thereon as availed by the assessee on these policies is not correct. 9. In the result, the appeal is treated as allowed for statistical purposes.
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