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1990 (8) TMI 75 - HC - Income TaxExtract: .......ground that the expenditure was not proportionate to the income, that view cannot be sustained when the expenditure is brought under section 5(e) of the Act. Therefore, we find that the disallowance of a portion of the expenditure on ammonia gas is not justified. In the result, the tax cases are allowed. However, there will be no order as to costs.
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