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1973 (10) TMI 20 - MADRAS HIGH COURTExtract: .......nd payment of interest thereon was only in view of their connection with the firm. We are, therefore, of the view that in this case the interest income in question is includible in the total income of the assessee. In this view, all the three questions have to be answered against the assessee. The revenue will have its costs. Counsel s fee Rs. 250.
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