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1952 (1) TMI 22 - ALLAHABAD HIGH COURT
Extract:
.......lly and exclusively for the purpose of the business. We are, therefore, of the opinion that the sums of ₹ 89,870 and ₹ 24,675 were in the nature of revenue expenditure and were admissible to deduction under Section 10(2)(xv) of the Act. The assessee is entitled to its costs which we assess at ₹ 500. Reference answered accordingly.