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2013 (10) TMI 1066 - ITAT MUMBAIAllowability of liabilities towards interest expenditure – Held that:- In view of the fact that the present assessee is also linked to the group assessee connected with the similar set of facts and issues as that of the present assessee – Also, reliance has been placed upon the judgment in the case of Hitesh Mehta [2013 (10) TMI 1065 - ITAT MUMBAI]. – Interest expenditure is allowed – Decided in favor of Assessee.
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