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1986 (1) TMI 70 - MADHYA PRADESH HIGH COURTExtract: ....... in allowing the deduction of additional sales tax amounting to Rs. 2,863. (2) The Tribunal was not justified in holding that the amount of Rs. 41,000 paid by the assessee as penalty under section 17(3) of the M. P. General Sales Tax Act, 1958, was an allowable deduction as business expenditure. There will be no order as to costs of this reference.
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