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1997 (8) TMI 23 - MADRAS HIGH COURTExtract: .......5(e). No such contention was put forth before the Tribunal or the authorities below. In any event, there is no material to substantiate any claim that interest was paid on borrowings effected for purposes of and spent for purposes specified in section 5(e). In the result, we do not find any merit in this revision petition and the same is dismissed.
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