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2016 (10) TMI 176 - AT - Income TaxDisallowanece of interest under the provisions of section 40A(2)(b) - Held that:- As decided in assessee's own earlier years since the assessee as well as the relatives, to whom assessee has paid interest are being taxed higher rates, the entire exercise undertaken by the Assessing Officer is neutral exercise as far as the payment of tax is concerned and there is no question of evading of payment of tax by any of the parties - Decided in favour of assessee
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