Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1999 (4) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1999 (4) TMI 26 - ALLAHABAD HIGH COURTExtract: .......s is carried on by the assessee in a legal manner and he indulges in infraction of law and the losses suffered due to such infraction cannot be allowed while computing the income of the lawful business. In that view of the matter, we answer the question in the affirmative, in favour of the Revenue and against the assessee. Reference is disposed of.
|