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1981 (11) TMI 74 - ITAT BOMBAY-DExtract: .......g on of business and/or was incurred on the grounds of commercial expediency. 5. In view of the above decision of the Income-tax Appellate Tribunal in favour of the assessee, I conclude that the expenditure in question is allowable as revenue expenditure. The disallowance of Rs. 8,500 is, therefore, deleted. 6. In the result, the appeal is allowed.
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