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2008 (2) TMI 660 - AT - Income TaxExtract: ......., it cannot be said that the payment made was either excessive or unreasonable having regard to the fair market value of the services or facilities. Accordingly, nothing could have been disallowed under the provisions of section 40A(2). Accordingly, I delete the disallowance of interest paid by the assessee. 7. In the result, the appeal is allowed.
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