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2016 (7) TMI 1292 - SCH - Income TaxProvision for transit breakages - Held that:- High Court [2015 (10) TMI 491 - DELHI HIGH COURT] has clearly held that in the case of assessee (petitioner), the actual transit breakages, as and when they occur, are allowable as revenue expenditure in the accounting year in which such breakages occur. In that view of the matter, we do not find any justification to interfere with the impugned judgment.
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