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1991 (12) TMI 38 - GAUHATI HIGH COURTExtract: .......purpose of renovation of the business asset, namely, the shop premises, might not in the strict sense be capital borrowed . In the light of the foregoing discussion, we answer the question referred by the Tribunal in the affirmative that is in favour of the assessee and against the Revenue. We make no order as to costs. J. M. SRIVASTAVA J.-I agree.
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