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2011 (12) TMI 531 - ITAT JODHPURExtract: .......id by assessee was paid on borrowed amount from bank which is allowable as business expenditure. The CIT (A) has allowed the same. Accordingly we confirm the order of ld. CIT (A) on this Issue also. 10. In the result, appeal of the department as well as cross objection of the assessee are dismissed. 11. The order is pronounced in the open court on.
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