Assessee's Advances Presumed from Own Funds, Not Borrowed; Deductions Allowed u/s 36(1)(iii) for Business Purposes.

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....Where the assessee has own and borrowed funds, a presumption can be made that advances for non-business purposes have been made out of the own funds and that the borrowed funds have not been used for this purpose - Deduction u/s 36(1)(iii)allowed - AT....