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Income Tax - Case Law - M/s Metro Institute of Medical Sciences Pvt. Ltd. Versus Dy. Commissioner of Income Tax and others 2013 (8) TMI 366 - ITAT DELHI

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Disallowance of interest paid on loan - CIT deleted disallowance - Held that - once it is established that there was nexus between the expenditure and the purpose of the business (which need not necessarily be the busine.......... Income Tax - Case Law

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