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1953 (7) TMI 12 - HC - Income TaxExtract: .......ones would be held to be capital expenditure. Our reply, therefore, to the question referred to us is that the lease money paid by the assessee company to Nawab Mehdi Jung Bahadur and to Government is capital expenditure and not revenue expenditure. We do not wish to pass any order as regards the costs of this Court. Reference answered accordingly.
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