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2002 (2) TMI 52 - HC - Income Tax
Extract:
....... the assessee was and is entitled to claim deduction of expenses to the extent of Rs. 1,00,400. To this extent, this appeal is allowed. The appellant shall be entitled to the deduction of Rs. 1,00,400 treating the said expenditure as wholly incurred for the purposes of business. In the result, the appeal is partly allowed with no order as to costs.