Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1997 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1997 (12) TMI 41 - MADRAS HIGH COURTExtract: .......n of law as under The Tribunal was correct in holding that the expenditure amounting to Rs. 5,716 cannot be regarded as guest-house expenditure, and other items are liable to be treated as guest-house expenditure and not allowable as deduction. We answer the question of law in the manner indicated above. However, there will be no order as to costs.
|