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2002 (11) TMI 261 - AT - Income TaxExtract: .......s, therefore, got an advantage of enduring nature and the expenditure is, therefore, clearly capital in nature. The disallowance of Rs. 70 lakhs treating the same as capital expenditure is therefore justified. 13. For the aforesaid reasons, we are inclined to uphold the reasoning and finding of the Ld. CIT(A) and dismiss the appeal of the assessee.
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