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    <title>2009 (12) TMI 718 - ITAT MUMBAI</title>
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    <description>The Tribunal held that interest income earned from temporary surplus funds and margin money in relation to foreign projects was assessable as business income, while other interest income was treated as income from other sources. The Tribunal partially allowed the reduction of claim under Section 80HHB, directing the exclusion of net interest income for deduction purposes. The appeal was partly allowed by the Tribunal, with other grounds raised by the assessee dismissed as not pressed.</description>
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      <description>The Tribunal held that interest income earned from temporary surplus funds and margin money in relation to foreign projects was assessable as business income, while other interest income was treated as income from other sources. The Tribunal partially allowed the reduction of claim under Section 80HHB, directing the exclusion of net interest income for deduction purposes. The appeal was partly allowed by the Tribunal, with other grounds raised by the assessee dismissed as not pressed.</description>
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