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2011 (4) TMI 1318 - AT - Income TaxExtract: .......Court for recovery of debt. Looking to these findings, we are of the view that the learned CIT(A) was right in allowing the expenditure as it had been incurred in the course of the business of the assessee firm. 15. In result, both the appeals of the assessee and the revenue are partly allowed. This order was pronounced in open court on 21.04.2011.
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