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1978 (7) TMI 186 - AT - Income TaxExtract: .......ary it follows that the interest paid by the assessee to these parties is to be accepted as genuine. Thus we delete the additions made during these years and allow the payment of interest by the assessee to the Hundiwalas, in all the years under appeal. 7. In the result, the assessee s appeals are allowed and the Department s appeals are dismissed.
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