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2000 (9) TMI 231 - AT - Income TaxExtract: .......claim the interest as an allowable expenditure only in the assessment year when it is crystallized into an ascertainable liability and become enforceable. We, therefore, find no fault with the order of the CIT(A) confirming the disallowance of interest in this case and decline to interfere. 10. In the result the appeal of the assessee is dismissed.
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