1984 (7) TMI 1

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....ourt by the Income-tax Appellate Tribunal at the instance of the Revenue : "Whether, on the facts and in the circumstances of the case and having regard to the provisions of section 57(iii) of the Income-tax Act, 1961, the Appellate Tribunal is right in holding that the assessee is entitled to the deduction of Rs.4,94,082 being the interest on moneys borrowed from the Government of Tamil Nadu and....