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Property	Value
http://www.w3.org/1999/02/22-rdf-syntax-ns#type	http://www.w3.org/ns/prov#Entity
http://www.w3.org/ns/prov#value	Therefore, borrowing made by the assessee from other persons is wholly and exclusively for the purpose of its business only and therefore, the payment of interest on such loans allowable as deduction.
http://www.w3.org/ns/prov#wasQuotedFrom	taxguru.in