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1969 (4) TMI 20 - HC - Income TaxIncome from dividends - Tribunal held that as the dividend received by the assessee covered by s. 99(1)(iv) was Rs. 85,201, the relief was not liable to be reduced merely because the "dividend income" after deduction of interest of money borrowed for earning the said dividend would be worked out at a lesser figure - tribunal was righty in holding that assessee was entitled to relief u/s 99(1)(iv) in respect of Rs. 85,201 and not on the said amount reduced by Rs. 10,290 being interest on money borrowed for earning the said dividend
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