2012 (9) TMI 519

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..... 6443 of 2012 - -
Income Tax
Whether interest paid in respect of borrowings for acquisition of capital assets not put to use in the concerned financial year can be permitted as allowable deductio .....

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..... earned counsel on both sides. 2. Leave granted. 3. The question which arises for determination in these civil appeals filed by the assessee is as follows: "Whether interest paid in respect of borro .....

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