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2002 (4) TMI 893 - AT - Income Tax
Extract:
....... carrying on of its business. Hence, it is an allowable revenue expenditure. Accordingly, the order of the Commissioner of Income-tax (Appeals) on this issue is set aside and the Assessing Officer is directed to allow the impugned amount. In the result, the appeal filed by the Revenue is dismissed while that filed by the assessee is partly allowed.