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2007 (5) TMI 187 - HC - Income TaxAssessee-company was engaged in the manufacture of sugar, country liquor as also Indian made foreign liquor - commission and subsidy paid to the cane growers formed part of the purchase price of the cane and thus allowable for deduction under section 37(1) of IT Act - the question referred to us is answered in the affirmative, i.e., in favour of the assessee and against the Revenue
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