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1972 (2) TMI 31 - ANDHRA PRADESH HIGH COURTExtract: .......e of business, are of the opinion that the expenditure should be treated as capital expenditure and not revenue expenditure. Therefore, the deduction claimed by way of revenue expenditure cannot be allowed. The reference is, therefore, answered in favour of the department. The assessee will bear the costs of the department. Advocate s fee, Rs. 250.
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