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2000 (12) TMI 67 - MADRAS HIGH COURT
Extract:
.......was right in holding that a sum of Rs. 31,019 incurred by the appellant for the assessment year 1978-79 and the sum of Rs. 20,764 for the assessment year 197980 in connection with the training of its partner, Mr. T. S. Viswanathan, is not an allowable deduction in the hands of the firm, is answered in favour of the Revenue and against the assessee.