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2006 (2) TMI 495 - AT - Income TaxExtract: ....... the common funds, the pro rata interest incurred on funds invested in shares, cannot be allowed against the interest income of the assessee. We, therefore, find no merit in the assessee rsquo s appeal. Accordingly, we confirm the order of the CIT(A) and dismiss the appeal of the assessee. 14. In the result, the appeal of the assessee is dismissed.
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