Expenditure

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....to mean : "1. The act of expending ; disbursement; consumption.   2. that which is expended..." In Corpus Juris Secundum (Vol. 35), "expenditure" has been defined as follows : "In its broa....

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....e context of the Income-tax Act itself in Indian Molasses Co. P. Ltd. - [1959 (5) TMI 5 - SUPREME COURT] where expenditure has been defined as follows (p. 78) : "'spending' in the sense....