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1981 (10) TMI 75 - ITAT CHANDIGARHExtract: .......h borrowing by the assessee during the year under appeal. In the immediately preceding assessment year no disallowance of interest was made. The Revenue has not shown any direct link between the borrowing and the advance, if any, without interest. On such set of facts, we have no reason to sustain the addition made. It is deleted. . Appeal allowed.
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