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1991 (2) TMI 105 - MADHYA PRADESH HIGH COURTExtract: .......rm to Shri Parmanandbhai Patel was not prompted by any extra commercial-considerations. Instead, it was a revenue expenditure for purposes of the business of the firm and is allowable in computing the income of the assessee chargeable under the head Profits and gains of business . Reference answered accordingly. There shall be no order as to costs.
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