Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1993 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1993 (9) TMI 32 - HC - Income TaxExtract: ....... to be expenditure of capital nature and in not allowing deduction in respect of the same in the computation of the business income of the assessee. We, therefore, answer question No. 2 in the affirmative, i.e., in favour of the Revenue and against the assessee. Having regard to the facts and circumstances of the case, we make no order as to costs.
|