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2006 (7) TMI 265 - ITAT JABALPURExtract: .......ch cannot be held to be derived from business activities of the industrial undertaking. Hence, the assessee was not entitled to get relief under s. 80-I of the IT Act with respect to such income. As such, while accepting the plea of the Revenue we reverse the order of the learned CIT(A) and restore that of AO. 16. As a result, appeal gets accepted.
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