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1972 (8) TMI 27 - ALLAHABAD HIGH COURTWhether the finding of the Tribunal refusing exemption to the assessee from business profits tax on the 25 annas share of the trustees of the Kamla Town Trust is correct in law ? Whether, under the provisions of section 10(2)(vi), proviso (b), of the Income-tax Act, the unabsorbed depreciation of the unregistered firm in 1949-50 can be allowed as a deduction in the assessments of the partners of the registered firm in the assessment year 1950-51? Whether the Tribunal was legally justified in disallowing interest to the Kamla Town Trust during the assessment year in question ? "
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