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1986 (1) TMI 16 - CALCUTTA HIGH COURTExtract: .......property was initially purchased by borrowed capital, then the direction of the Tribunal that interest was liable to deduction under section 24(1)(vi) was justified. The same position will be obtained in this case as well. Subject to this observation, we return the reference unanswered. There will be no order as to costs. M. G. MUKHERJI J.-I agree.
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