No reassessment to disallow interest exemption if AO duly allowed it on direction of CIT(A)

INCOME TAX : Where assessee-bank offered to tax entire interest receipt from money advanced as credit without claiming any exemption under section 10(15) as details were not fully collected and when said details were received from other branches, same were submitted during assessment but AO denied said exemption to assessee and, it approached Commissioner (Appeals) who gave direction to Assessing Officer to allow exemption which was allowed accordingly,

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