Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1996 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1996 (12) TMI 27 - HC - Income TaxExtract: .......erstood and applied the legal principle for determining the character of an expenditure to find whether it is revenue or capital to the facts of the present case. We, therefore, answer the question referred to us in the affirmative, in favour of the assessee and against the Revenue. Reference stands disposed of accordingly with no order as to cost.
|