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2011 (6) TMI 828 - HC - Income TaxExtract: .......pex Court in the case of Deputy Commissioner of Income Tax vs. Core HealthCare Limited, reported in (2008) 298 ITR 194 SC, has allowed interest on borrowed capital utilised in relation to the business of assessee. In this view of the matter, we see no reason to interfere with question no.4 raised by the revenue. The appeal is accordingly dismissed.
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