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1984 (7) TMI 1 - HC - Income Tax

The High Court of Madras ruled that the assessee is not entitled to deduct interest on borrowed funds against interest income from investments, based on previous court decisions. The judgment was delivered by Judges G. Ramanujam and V. Ratnam. (Case citation: 1984 (7) TMI 1 - MADRAS High Court)

 

 

 

 

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