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1991 (2) TMI 167 - AT - Income TaxExtract: .......regarded as capital expenditure in the hands of the assessee. 7. In view of the aforesaid discussions, we set aside the order passed by the CIT(A) allowing the aforesaid deduction of Rs. 1,18,920 and direct the ITO to disallow the same while computing the taxable income in the hands of the assessee. 8. In the result the Revenue s appeal is allowed.
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