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1994 (2) TMI 99 - AT - Income TaxExtract: ....... to fix the sale price of the flour mill. We, are therefore of the opinion that the expenditure cannot be allowed as business expenditure. We reverse the order of the CIT(A) on this point and allow the third ground. 15. In the result, the appeal for the assessment year 1982-83 is partly allowed and that for the assessment year 1986-87 is dismissed.
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