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1998 (10) TMI 109 - AT - Income TaxExtract: .......vity of manufacture or production and the deposits made with IDBI to avail the deduction under section 32AB. Accordingly, we hold that the interest earned on deposits with IDBI will not qualify for deduction under sections 80HHA and 80-I. The ground raised by the assessee is accordingly dismissed. 25. In the result, the appeals are allowed in part.
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