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2004 (1) TMI 350 - AT - Income TaxExtract: .......r illegal gratification and opposed to public policy, there cannot be any allowance of such expenditure in view of the Explanation to s. 37(1) of the Act. In view of the above finding, we allow the Departmental appeal on this issue and dismiss the cross-appeal. In the result, second issue is decided in favour of Department and against the assessee.
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