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2010 (9) TMI 156 - HC - Income TaxExpenses incurred by the assessee towards errection of boundary walls, construction of tanks, construction of roads - Capital or Revenue expenditure - assessee earns income by making available these facilities it is obligatory to keep all these facilities in good and proper condition so as to enable the farmers, traders, to carry out their activities in an efficient manner – Held that: - expenditure were recurring in nature - the expenditure is absolutely in the realm of revenue expenditure
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