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2011 (6) TMI 6 - HC - Income TaxCapital or revenue expenditure - one time payment made to Mahanagar Gas Ltd. by the assessee company towards CNG connection charges - enduring benefit to the assessee - In the present case, the finding recorded by the Tribunal is that the assets remained the property of Mahanagar Gas Ltd. and that the sole object of payment was to get gas to facilitate the manufacturing activity carried on by the assessee - expenditure allowed as revenue expenses - Appeal dismissed
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