Interest-Free and Interest-Bearing Funds Mixed: Presumed Use for Advances u/s 40A(2)(b), Justifying Interest Disallowance.

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....Disallowance of interest paid to banks & others - When interest free funds and interest bearing funds are mixed together, they loose their respective identity and hence the presumption should be that the assessee has used interest free funds to give interest free advances to persons covered by sec. 40A(2)(b) - AT....