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2015 (11) TMI 301

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.... framed by the order dated 13th March, 2008 by this Court is as under: "Whether the Assessee is entitled to a deduction of Rs. 1,16,89,327/- incurred as Issue Management Expenses?" 2. It is not in dispute that in CIT v. Havels India Ltd. ITA 55/2012 & 57/2012 this Court has held that "the expenditure incurred in connection with issue of debentures or obtaining loan" should be considere....