1986 (1) TMI 16

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..... opinion: " Whether, on the facts and in the circumstances of the case, the Tribunal was correct in holding that any part of the unsecured debentures amounting to Rs. 9 lakhs issued on reduction of the share capital of the company was borrowed capital with which the house property was acquired within the meaning of section 24(1)(vi) of the Income-tax Act, 1961, and interest payable on the same was .....

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