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1998 (4) TMI 53 - MADRAS HIGH COURTExtract: .......e same, it had also effected payment. The Tribunal was, in the circumstances, right in holding that the payment so made qualifies as a revenue expenditure of that year. We, therefore, answer the question referred to us in the affirmative, in favour of the assessee and against the Revenue. The assessee shall be entitled to costs in a sum of Rs. 750.
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