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1995 (12) TMI 99 - AT - Income TaxExtract: .......ar as income by way of interest is concerned, considering the objects of the company and the frequency of advances, we hold that the interest income is part of its business activity and should, therefore, be viewed as income from business only. To this extent the order of the CIT(Appeals) is modified. 14. In the result, the appeal is partly allowed
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