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1995 (11) TMI 10 - DELHI HIGH COURTExtract: .......bed time is not interest for late payment of tax and is not deductible as business expenditure under section 37 of the Income-tax Act, 1961. From the facts found by the Tribunal, it is evident that the payment of Rs. 2,150 was as a result of infraction of law and not in discharge of a civil liability. The question is answered accordingly. No costs.
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