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1988 (2) TMI 57 - ANDHRA PRADESH HIGH COURTExtract: .......on the monies drawn for payment of taxes. In the facts and circumstances, we consider the Tribunal was justified in coming to the conclusion that interest of Rs. 1,29,151 should be allowed under section 80V of the Act. We accordingly answer the question in the affirmative, that is to say, in favour of the assessee and against the Revenue. No costs.
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