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2012 (10) TMI 1055 - AT - Income TaxDistribution expenses - Whether business expenses u/s 37(1) - Held that:- assessee submitted the statement showing complete details of vouchers no. cheque no. date and name of the party and amount paid - AO has not brought on record any material to support that the expenses have not been incurred by the assessee - where original return had already been accepted u/s.143(1) before the search had taken place, adhoc disallowance made by AO is not justified - Decided in favor of assessee.
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