2012 (9) TMI 521

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....sides.   For the sake of convenience, we may refer to the facts in Civil Appeal No.2051 of 2007, which concerns Assessment Year 1995-1996. We find from the records that the assessee has computed his interest income arising on the difference between purchase price of the debenture and redemption price after six years and calculated the income on amortization basis. Today, the controve....