Revision u/s 263 Invalid; Interest Deduction u/s 57(iii) for Fixed Deposits Upheld.

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....Revision u/s 263 - assessee borrowed funds on interests, the same was kept in fixed deposit. Out of the interest received from FD’s, assessee paid interests on borrowed funds, which was allowable u/s 57(iii) - revision to disallow the same is not valid - AT....