Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1982 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1982 (1) TMI 130 - ITAT PUNEExtract: .......e, would not appear to be unreasonable. Thus, Rs. 11,802 out of profits of the firm of about Rs. 60,000 appear to be quite reasonable and even section 40A(2) would not be attracted. We would, accordingly, vacate the orders of authorities below and hold that deduction of Rs. 11,802 as claimed by the assessee should be allowed. The appeal is allowed.
|