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2004 (11) TMI 80 - HC - Income TaxBusiness expenditure – allowability - held that impugned payments were made to those persons who were involved in obtaining tenders for the assessee and who rendered their personal services to enable the assessee to get better business in the market - these payments were held to be genuine in nature and were found to be actually incurred in the course of business activity as business expenditure - Commissioner of Income-tax (Appeals) and the Tribunal after examining the nature of expenditure claimed by the assessee held them as business/revenue expenditure and accordingly allowed to be deducted from the gross total income. - If it is found as a fact that the assessee has incurred expenditure then the Revenue has no right to say that no such expenditure is called for or can be incurred or it is not necessary – no case for interference is called for in the impugned order which does not involve any substantial question of law.
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