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2006 (11) TMI 272 - AT - Income TaxExtract: ....... 80HHC. Therefore, we set aside the order of the learned CIT(A) and the AO is directed to exclude 90 per cent of the gross interest from business profits under cl. (baa) of Explanation to s. 80HHC(4C) for computation of deduction under s. 80HHC. Therefore, this ground is allowed. 18. In the result, the appeal filed by the Revenue is partly allowed.
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