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2006 (6) TMI 266 - ITAT MUMBAI
Extract:
.......ght to spread this expenditure over 20 years and Their Lordships allowed it. 96. In view of the above, we are of the view that the expenditure as claimed by the assessee is to be allowed in the year of payment itself. Order accordingly. 97. In the result, appeal of the assessee stands allowed and the cross objection of the revenue stands dismissed.
