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2013 (12) TMI 832 - ALLAHABAD HIGH COURTWhether on the facts and in the circumstances of the case, the Tribunal was right in law in holding that the expenses and depreciation on guest House was allowable and the provisions of Section 37 (4) of the Act, were not attracted? - Held that:- this issue is covered by judgment of the Supreme Court in Britannia Industries Ltd Vs. Commissioner of Income-Tax and another [2005 (10) TMI 30 - SUPREME Court], in which it was held that maintenance expenses not allowable in respect of Guest House. Whether on the facts and in the circumstances of the case, the Tribunal was right in law holding that deduction u/s 80-I was allowable on gross total income without reducing the deduction u/s 80-HH of the Act? - Held that:- Decided against the revenue.
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