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1991 (2) TMI 86 - HC - Income TaxExtract: .......nt, there is no proof that they were taken on concessional rent. Had there been a concessional rent, it could be said that the advance was for the purpose of business. The question whether loan was taken for the purpose of business is a question of fact in respect of which no reference can be called. In the result, these applications are dismissed.
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