Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1985 (6) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1985 (6) TMI 13 - CALCUTTA HIGH COURTExtract: ....... For the above reasons, we answer the question in the negative and in favour of the Revenue holding that the said amount of Rs. 80,000 was not an allowable deduction in the assessment year involved but may be allowed as a deduction in the assessment year in which the statute came into force. There will be no order as to costs. G. N. RAY J.-I agree.
|