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1969 (1) TMI 10 - HC - Income TaxExtract: .......at. So, even though it is interest, it is not interest on such capital . In that view of the matter we are of the opinion that the decision arrived at by the Tribunal was right and the question must be answered by saying that the interest allowable was Rs. 18,000 and not Rs. 38,221. The assessee will pay the costs of this reference. DEB J.-I agree.
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