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1986 (3) TMI 161 - ITAT PUNEExtract: .......ear, we agree with Sri Shah that the borrowings were all for genuine business needs, no part having any direct nexus with the interest free advances. Taking all these facts into consideration we hold that the interest claim is allowable in full. 7. The second point in appeal regarding accrued commission was not pressed. 8. Appeal is partly allowed.
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