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1997 (11) TMI 49 - PUNJAB AND HARYANA HIGH COURTExtract: .......g statute. The expression actual cost needs to be interpreted liberally. The subsidy of the nature we are concerned with, does not partake of the incidents which attract the conditions for their deductibility from actual cost . Since the controversy has been finally settled, the question is answered in the affirmative and in favour of the assessee.
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