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1989 (9) TMI 4 - HC - Income TaxExtract: .......e, the Tribunal has correctly come to the conclusion that the expenditure of Rs. 20,00,598 incurred by the assessee on the construction of the road was not allowable as business expenditure. Therefore, the question is answered in the affirmative and in favour of the revenue. There will be no order as to costs. BHAGABATI PRASAD BANERJEE J. -I agree.
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