1998 (3) TMI 109 - HC - Income Tax

Summary

The High Court of Delhi ruled in favor of the assessee regarding a claim for deduction of expenses under section 35B of the Income-tax Act, 1961. The Tribunal directed the Income-tax Officer to consider the claim on its merits, which was supported by Supreme Court decisions. The Court held that the Tribunal's approach was valid and that the plea raised by the assessee could be admitted by the Commissioner of Income-tax (Appeals).