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1988 (6) TMI 5 - HC - Income TaxExtract: .......herwise, we are of the view that on the facts and circumstances of this case, the Tribunal was justified in holding that the expenses should be allowed to be deducted to the extent indicated by the Tribunal in computing the profits and gains of business for the assessment year in question. There will be no order as to costs. K. M. YUSUF J.-I agree.
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