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1997 (7) TMI 63 - HC - Income TaxExtract: .......venue expenditure and not a capital expenditure. The Tribunal, in our opinion, committed a manifest error of law in holding it to be a capital expenditure. We, accordingly, answer the question referred to us in the negative, i.e., in favour of the assessee and against the Revenue. This reference is disposed of accordingly with no order as to costs.
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