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1996 (9) TMI 581 - ITAT MUMBAIExtract: .......find considerable merit in the claim of the assessee and we uphold the same. The jurisdictional High Court (supra) is of no assistance to the Revenue because, it has not held that even where there is absence of nexus between borrowed funds and the amount advanced. We accordingly uphold the claim of the assessee. In the result, the appeal is allowed
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