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2016 (8) TMI 213 - HC - Income TaxPayment to GEDA - revenue expenditure or capital expenditure - Held that:- The payment is made to GEDA towards electric connection, in our view, the expenditure incurred by the assessee is in the nature of revenue expenditure. The Tribunal as well as the Commissioner (Appeal) has, therefore, rightly held the expenditure as revenue expenditure. In that view of the matter, we answer the question in favour of the assessee and against the revenue.
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