Expenditure to Expand Business Line May Be Deductible u/s 37, Even if Partial Claim Made.

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....Once expenditure was of revenue nature and was incurred for expanding existing line of business it could have been allowed under Section 37 of the Act. - No doubt, assessee's claim was only for one-third of total outgo. - However, for this reason alone, a disallowance could not have been made - AT....