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1986 (2) TMI 105 - AT - Income TaxExtract: .......nce to show how the borrowings were utilised and against which head of income deduction is claimed. Thus the assessee is not entitled to the deduction. We agree with the reasons given by the Commissioner of Income-tax (Appeals) in sustaining the disallowance of Rs. 7,909. 10. In the result, the appeal and the cross-objection fail and are dismissed.
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