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1982 (2) TMI 58 - HC - Income Tax
Extract:
.......e circumstance as to whether the asset or advantage secured is of an enduring nature. In the result, we answer the question referred to us as follows The sum of Rs. 10,700 in question was in the nature of revenue expenditure. It is clarified that the reference is decided in favour of the assessee. The Commissioner to pay the costs of the reference.