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1989 (11) TMI 1 - SC - Income TaxDividends - Whether Tribunal was justified in allowing deduction under section 80K on the gross dividend income without taking into account deduction for interest paid on moneys borrowed specifically for investment in shares - It may be mentioned that the statutory provisions have also been subsequently modified by the insertion of section 80AB with effect from April 1, 1981 - hence question referred to us is answered in the negative and in favour of the appellant
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