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    <title>2008 (3) TMI 216 - GUJARAT HIGH COURT</title>
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    <description>The Court affirmed the decision in favor of the assessee under Section 80-I, allowing relief without requiring deduction under Section 80HH. The treatment of interest income from a bank and insurance company for deduction under Section 80HH was left open for further consideration by the Tribunal, emphasizing the need to analyze the nature of the interest income in accordance with established legal principles.</description>
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      <link>https://www.taxtmi.com/caselaws?id=30681</link>
      <description>The Court affirmed the decision in favor of the assessee under Section 80-I, allowing relief without requiring deduction under Section 80HH. The treatment of interest income from a bank and insurance company for deduction under Section 80HH was left open for further consideration by the Tribunal, emphasizing the need to analyze the nature of the interest income in accordance with established legal principles.</description>
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