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2012 (11) TMI 1250

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....ondent ORDER PC Following questions of law are raised by the revenue in this appeal. i) Whether on given facts and in circumstances of the case, the order of the ITAT is correct in holding that cane supply expenses and cane development expenses are allowable u/s.37(1) of the Income Tax Act though such expenditure are not proved to be wholly and exclusively for purpose of business which is a c....