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1967 (11) TMI 11 - SC - Income TaxAppellant-society, a bank - exemption - interest received from the Govt. securities - business was to deal in money and credit and was not restricted to receiving deposits and lending money to its members or other societies, therefore the High Court was in error in treating interest derived from deposits as not arising from the business of the bank and therefore not falling within the income exempted under the notification - Revenue's appeal dismissed
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