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1991 (1) TMI 208 - AT - Income TaxExtract: .......e capacity to advance such loans at the relevant point of time as relevant to the year under consideration. In the circumstances of the case, the order of the CIT(A) cannot be maintained, which we hereby reverse and that of the ITO is restored in respect of the points involved in this appeal. 38. In the result, the appeal by the Revenue is allowed.
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