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1991 (11) TMI 6 - HC - Income Tax
Extract:
.......e under section 31 cannot come within the purview of section 37(3A). Only such expenditure which falls under section 37 can be brought within the net of restriction made in section 37(2B). We, therefore, answer the third question in the negative and in favour of the assessee. There will be no order as to costs. BHAGABATI PRASAD BANERJEE J.-I agree.