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1981 (8) TMI 175 - ITAT PUNEExtract: .......e the expenditure incurred by the assessee cannot be treated as expenditure u/s37(4). The expenditure was incurred only for business expediency and the result of which is seen by the sales having gone up very satisfactory. Therefore I hold that the assessee is entitled to deduction u/s 37(1). 4. In the result the assessee rsquo s appeal is allowed.
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