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1982 (1) TMI 72 - AT - Income TaxExtract: .......not alter its taxability. The company might feel it prudent to capitalise a smaller amount by meeting the capital expenditure out of revenue but that does not affect the taxability of the receipts. We, therefore, do not see any reason to differ from the learned Commissioner (Appeals). 9. In the result, the appeal filed by the assessee is dismissed.
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