Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1999 (4) TMI 73 - HC - Income Tax
Extract:
....... deduction will not be allowed if the expenditure is not incurred for the purpose of earning income falling under the head Income from other sources . In view of the above, the question referred to us is answered in the negative, i.e., in favour of the Revenue and against the assessee. Reference is disposed of accordingly with no order as to costs.