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1994 (12) TMI 16 - HC - Income TaxExtract: .......assessee was a revenue expenditure and not an expenditure of capital nature and the Tribunal was justified in holding so and allowing the deduction to the assessee in the computation of its income on account thereof. In view of the above, the question referred to us is answered in the affirmative and in favour of the assessee. No order as to costs.
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