Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1996 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1996 (9) TMI 40 - HC - Income TaxExtract: .......mount incurred for constructing the molasses storage tank should be allowed as a revenue expenditure, since it is laid out wholly and exclusively for the purpose of the business. Accordingly, we answer the question referred to us in the affirmative and against the Department. No costs. Counsel s fee is fixed at Rs. 2,000 (rupees two thousand only).
|