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1982 (8) TMI 130 - ITAT MADRAS-CExtract: .......sidered to be a capital expenditure. From the point of view of an ordinary businessman, it was an expenditure to cut the running expenditure and is not to be capitalised. Therefore, we are convinced that the AAC was right in allowing the expenditure claimed as an admissible deduction in computing the income of the assessee. The appeal is dismissed.
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