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2012 (3) TMI 722 - ITAT AHMEDABADExtract: .......ors covered u/s 40A(2)(b) of the Act. In these facts of the case, we hold that the addition / disallowance made u/s 40A(2)(b) on account of excessive interest is not justified and is deleted accordingly and the ground of appeal no.1 is allowed. 4 In the result, the appeal of the assessee is allowed. Order pronounced in the court today on 30-03-2012
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