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1977 (8) TMI 11 - GUJARAT HIGH COURTExtract: .......enditure as well as depreciation, was unreasonable or excessive having regard to the business needs of the company and the benefit derived by the company or accruing to the company from that expenditure can be gone into completely in the light of the evidence which the revenue or the assessee may be able to lead. There will be no order as to costs.
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