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1991 (11) TMI 8 - HC - Income TaxExtract: .......see. The second question is answered by saying that Explanation 2 to section 40(b) is clarificatory in nature and will govern the assessment year in question and as such the Tribunal was justified in deleting the addition of interest paid to the partners in their individual capacity. There will be no order as to costs. SHYAMAL KUMAR SEN J.-I agree.
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