2011 (9) TMI 115

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....>2262 OF 2009 - -<br>Income Tax<br>J.P. Devadhar & K.K. Tated, JJ. P.C.: 1. Whether the Income Tax Appellate Tribunal was justified in allowing the claim of the assessee under the head "inter&sh....

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....te deposits had become bad, the assessee in the assessment year in question had written off that amount. Since the interest income from the inter&shy;corporate deposits have been assessed as business ....