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1990 (12) TMI 292 - MADRAS HIGH COURT
Extract:
.......rcumstances of the case and the principles laid down in the decisions referred to above, we hold that the sum of Rs. 1,00,000 paid by the assessee is in the nature of capital expenditure and not revenue expenditure. We answer the question referred to us accordingly. The Revenue will be entitled to the costs of this reference. Counsel s fee Rs. 500.