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2004 (8) TMI 333 - ITAT DELHIExtract: ....... in view of these facts and circumstances, I hold that, assessee is entitled to deduction under s. 24(b) of the IT Act. Therefore, the matter is restored to the file of the AO to calculate the deduction on the amount of interest in view of provisions of s. 24(b) of the Act and allow the same. 4. In the result, the appeal of the assessee is allowed.
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