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1988 (7) TMI 40 - HC - Income TaxExtract: .......ree with that view. In our opinion, therefore, the Tribunal was not right in law in allowing the claim of Rs. 38,000 as revenue expenditure. For all these reasons, our answer to the question referred to this court is in the negative and in favour of the Revenue. In the circumstances of the case, parties shall bear their own costs of this reference.
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