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1972 (8) TMI 35 - HC - Income TaxAssessee had claimed deduction in respect of Rs. 20,065 spent on account of the travelling expenses, etc., of three technicians of Messrs. Reynolds Metal Company of America, who came to India for the purpose of examining the assessee's manufacturing plants. The Income-tax Officer disallowed the expenditure on the ground that it was capital in nature. – held that expenditure was allowable under s. 10(2)(xv) of Indian Income-tax Act, 1922
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