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Eligibility of deduction u/s.80P(2)(a)(i) - when there were no takers for the money which assessee as a part of its objects wanted to lend the only available choice for assessee in order not to keep the funds idle was to place it in banks for earning interest - deduction allowed - Tri

Income Tax - Eligibility of deduction u/s.80P(2)(a)(i) - when there were no takers for the money, which assessee as a part of its objects wanted to lend, the only available choice for assessee, in ord .....

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