2016 (5) TMI 207

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..... ted Capsules Private Ltd. (Formerly Associated Capsules Private Ltd. v. CIT [2012 (2) TMI 101 - SUPREME COURT OF INDIA] wherein held that Ninety per cent of not the gross interest/rent but only the net interest/rent, which has been included in the profits of the business of the assessee as computed under the heads ‘PGBP’ is to be deducted under clause (1) of Explanation (baa) to Section 80HHC for .....

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