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1987 (2) TMI 44 - ANDHRA PRADESH HIGH COURTExtract: .......se cases lays down the proposition that an expenditure of the present nature is a claimable deduction under section 48. For the foregoing reasons, we answer the question in favour of the Revenue and against the assessees in all the five cases. No costs. Sri Shankar Rao, learned counsel for the assessees, made an oral request for leave to appeal to.
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