3. CIT (A) deleted the addition holding that the discount paid by the assessee to CFSA cannot be held to be interest and therefore, provisions of Section 40 (a) (i) of the Act would not apply.

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Have idle funds you don't want to invest? You can still put the money to work earning a great return. Here's what all the best cash savings options are paying right now.

Friday's selloff in U.S. government debt was gaining momentum in 3-year through 7-year Treasury notes after University of Michigan data showed consumer-inflation exp ...

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