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2015 (10) TMI 1445 - AT - Income TaxDisallowance of development expenses - Held that:- Assessee failed to produce any evidence in support of the claim of development expenses before the authorities below. Therefore, assessee failed to prove that development expenses were incurred wholly and exclusively for the purpose of business of the assessee. Therefore, in the absence of any evidence or material on record, we do not find any justification to interfere with the orders of authorities below. - Decided against assessee.
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