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1974 (12) TMI 17 - HC - Income TaxExtract: .......tracted and interest paid by the firm to the accounts of the Hindu undivided families is not deductible under that provision. In the result, the questions referred to us in both the cases are answered in the affirmative, in favour of the revenue and against the assessees. No costs. Advocate s fee Rs. 250 (rupees two hundred and fifty only) in each.
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