Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1996 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1996 (11) TMI 49 - ANDHRA PRADESH HIGH COURTExtract: .......ies to them. The expenditure in question, therefore, qualifies for exemption under clause (14) of section 10 of the Income-tax Act. The Tribunal was right in excluding the amounts in question from the total income of the assessees. The question is, therefore, answered in the affirmative, in favour of the assessees and against the Revenue. No costs.
|