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1993 (3) TMI 22 - HC - Income TaxExtract: .......essrs. D. Macropolo and Co. Ltd. with the assessee-company have been rightly held by the Tribunal to be capital expenditure. Accordingly, we answer both the questions, viz., questions Nos. 2 and 6 in the affirmative, i.e., against the assessee and in favour of the Revenue. Under the facts and circumstances of the case, we make no order as to costs.
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