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1957 (9) TMI 61 - HC - Income TaxExtract: ....... expenses were incurred in rendering what was a pit-and therefore a liability and a nuisance to the neighbourhood into an asset which is useful to the assessee. In our opinion, the Tribunal was right in the view they took and our answer to the question referred to us will be in the negative. Assessee to pay costs. Question answered in the negative.
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