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1997 (2) TMI 84 - DELHI HIGH COURTExtract: .......x Act. A similar view had earlier been taken by this court in Orissa Cement Ltd. v. CIT 1993 200 ITR 636. In view of these decisions the deductions claimed by the assessee could not be allowed even at the first instance. For the reasons aforesaid, the question is answered in the negative, in favour of the Revenue and against the assessee. No costs.
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