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2013 (12) TMI 657 - ITAT JODHPURDisallowance of interest on borrowed funds – Loans and advances were given to sister concerns of the assessee company without charging interest – Held that:- Both the assessee and the Revenue have mingled up the facts and circumstances of the case – It is not possible to draw the clear conclusions – The matter restored to the files of AO for fresh decision.
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