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1996 (1) TMI 142 - ITAT AHMEDABAD-AExtract: .......dvanced to Smt. Vanitaben could be from the capital account of the partners and no loans were raised by the assessee for advancing the interest free loan. There being no nexus we uphold the finding of the CIT(A) and decline to interfere. 13. In the result, the appeal filed by Revenue is allowed in part and the appeal filed by assessee is dismissed.
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