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1985 (8) TMI 89 - ITAT AHMEDABAD-AExtract: .......and Galada and Anr. vs. CIT (1961) 42 418 (Mad) and CIT vs. Nainital Bank Ltd. (1965) 55 ITR 707 (SC). 8. We, therefore, set aside the order of the AAC on this point and direct the ITO to allow the deduction as claimed in the assessment of the firm and also pass consequential orders in the cases of partners. 9. In the result, the appeal is allowed.
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