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2021 (7) TMI 836 - ITAT DELHIDisallowance of interest - AO had disallowed the entire interest payment - CIT(A) restricted the disallowance to 50% of the interest payment - HELD THAT:- As in assessee’s own case for A.Y. 2010-11 and for similar reasons hold that no disallowance of interest is called for in the year under consideration. We therefore set aside the order passed by CIT(A). Thus the ground of assessee is allowed and that of Revenue is dismissed.
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