1999 (12) TMI 19

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Full Text of the Document

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....of the order of the Tribunal in ITA No. 1491/Delhi of 1996 pertaining to the assessment year 1992-93 : "1. Whether, on the facts and in the circumstances of the case, the assessee-appellant is entitled to deduction of Rs. 16,59,292 being interest payable on loans raised by it from J and K Bank as accrued and ascertained liability in respect of the year in question ? 2. Whether, on the facts ....