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1979 (11) TMI 80 - ANDHRA PRADESH HIGH COURT
Extract:
....... facts and circumstances, we hold that the expenditure in the present case is revenue in character and not capital. For all the reasons stated, our answer to the question is in the affirmative and in favour of the assessee holding that the payments in question are allowable deductions being revenue in character. There shall be no order as to costs.
