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1997 (1) TMI 556 - HC - Income TaxExtract: .......it would amount to expenditure incurred for the purposes of business. Therefore, it is an allowable deduction. In view of the aforesaid decision of this Court, there is no infirmity in the order of the Tribunal in allowing the amount paid by way of bonus. Accordingly, we answer question No. 3 in the affirmative and against the Department. No costs.
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