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1970 (9) TMI 8 - HC - Income TaxFirm - brother succeeded as partner - sum paid as interest on the capital of the deceased to the partner - Tribunal was right in taking the view that the amount of interest credited in the account of Vrajlal Trikamlal belonged to Mulchand Trikamlal as his personal income and it was not allowable as a deduction in assessing the total income of the assessee-firm
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