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2005 (4) TMI 15 - HC - Income TaxInterest earned on the amounts kept in special deposit account - we find that the respondent had kept the amount of loan in a bank account. Free will is immaterial. If the assessee has earned the interest on the said amount, it is taxable under the head of "Income from other sources" and, therefore, the Tribunal has committed error in holding that the amount of interest is not taxable and shall go to reduce the cost of construction - held that interest earned from other sources, has rightly held income from other sources
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