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2010 (4) TMI 1056 - ITAT AHMEDABADExtract: .......red loans. Therefore, the Assessing Officer was incorrect in restricting the interest payable to the extent of 19.5 only. Since the rate of interest paid by the assessee is reasonable, the order of CIT(A) is confirmed deleting the disallowance. 14. In the result, both appeals of revenue are dismissed. Order pronounced on this day of 30th April,2010
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