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2008 (5) TMI 308 - AT - Income TaxExtract: .......ion. The payments made to the related parties were for business considerations and expediency, and as such no proportionate interest paid on the borrowed capital can be disallowed. We, therefore, delete the same. 24. In the result, the appeals filed by the assessee for asst. yrs. 2000-01 and 2001-02 are partly allowed in the manner indicated above.
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