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1980 (7) TMI 145 - ITAT JAIPURExtract: .......ssee was partner in the firm in a representative capacity while in the present case Svs. Kashiram and Rattanlal joined the firm in the individual capacity. We hold, therefore, that the interest paid to the HUF was rightly excluded from the assessment by the ld. AAC and as such we upheld his decision. 5. In the result, the Departmental appeals fail.
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