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2012 (9) TMI 519 - SCH - Income TaxWhether interest paid in respect of borrowings for acquisition of capital assets not put to use in the concerned financial year can be permitted as allowable deduction under section 36(1)(iii) of the Income-tax Act, 1961? - Held that:- Yes, as decided in Dy. CIT v. Core Health Care Ltd. [2008 (2) TMI 8 - SUPREME COURT OF INDIA ] - in favour of assessee.
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