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1991 (11) TMI 35 - HC - Income TaxExtract: ........ 1976 103 ITR 715 cannot be of any assistance to the assessee. In our opinion, the expenditure in question being capital expenditure, its deduction was rightly disallowed by the Tribunal. We, therefore, answer the question which is referred to us in the affirmative and against the assessee. Reference answered accordingly with no order as to costs.
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