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2007 (6) TMI 195 - BOMBAY HIGH COURTDeduction u/s 80HH - interest and remuneration to partner - in the light of the amended provisions of Section40(b) of the Act, the Tribunal was justified in holding that the interest and remuneration paid to the partners were liable to be excluded from the Gross Total Income for the purpose of deduction under Section 80HH of the Act.
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