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TMI BlogITAT was not right in law in holding that deduction of interest expenses was not admissible u/s...ITAT was not right in law in holding that deduction of interest expenses was not admissible u/s 36(1)(iii) of the Income Tax Act, 1961 merely because shares were never allotted to the appellant in response to the share application. - HC ..... X X X X Extracts X X X X X X X X Extracts X X X X
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