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1996 (10) TMI 47 - HIMACHAL PRADESH HIGH COURTExtract: ....... upholding the view taken by the Tribunal in that the sum of Rs. 50,000 paid to the Himachal Pradesh Government for obtaining a licence for establishing a distillery at Solan for the production of Indian made foreign liquor cannot be allowed as a deduction in computing the total income of the assessee-company. The reference is answered accordingly.
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