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2008 (5) TMI 242 - HIGH COURT ALLAHABADWhether Tribunal was justified in allowing the expenditure incurred on agricultural operation by the assessee - question is answered in favour of Revenue holding that the Tribunal erred in treating the expenditure incurred towards the plantation of eucalyptus trees as revenue expenditure and the same could not have been treated to be expenditure incurred on agricultural operation – assessee’s contention that eucalyptus trees planted by him could be treated to be stock in trade, is rejected
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