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2000 (12) TMI 29 - HC - Income TaxExtract: .......efore, interest on such capital could not be deducted while computing the income from the business. In the miscellaneous petition, it has been rightly held that such interest is to be taken into account while computing the income from other sources. The assessment years are 1972-73, 1973-74 and 1974-75. T.C.M. Ps. Nos. 50 to 53 of 1999 are ordered.
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