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1997 (4) TMI 15 - SC - Income TaxHeld that the Tribunal was right in taking the view that the assessee could not claim deduction in respect of the interest that was paid to the bank on the loan advanced in the overdraft account on the ground that the said loan was paid out of the dividend received on the shares pledged with the bank for securing the overdraft. The High Court was in error in taking the contrary view
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