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1992 (8) TMI 36 - KARNATAKA HIGH COURT
Extract:
.......ar only. Therefore, the contention of the assessee that the expenditure was in the nature of a revenue expenditure cannot be accepted. The second question formulated by us also has to be answered in favour of the Revenue. In the result, the broad question referred to us by the Appellate Tribunal is answered in the negative and against the assessee.