1997 (12) TMI 376

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..... mani, Member (T)]. We have heard Shri Swaminathan, the ld. Consultant for the Appellants and Shri S.V. Singh, the ld. DR. In the present appeal the issue is relating to valuation. We find that the Commissioner (Appeals) in the impugned order has given a finding that elements of expenses towards tunover tax, equalised freight, insurance on transport are deductible for the purpose of arriving .....

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