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1976 (8) TMI 12 - HC - Income Tax
Extract:
.......xpenditure. Hence, this expenditure of Rs. 10,242 is an admissible deduction as an expenditure under s. 37(1) of the I.T. Act, 1961. We, therefore, answer the question referred to us in the affirmative, i.e., in favour of the assessee and against the revenue. The Commissioner will pay costs of this reference to the assessee. Advocate s fee Rs. 250.