Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1956 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1956 (3) TMI 41 - HC - Income TaxExtract: .......which the assessee had nothing whatever to do. Therefore, on the facts of this case it is an entirely untenable position to take up that the assessee is claiming the sum as representing loss of borrowed capital. We will, therefore, answer both the question in the affirmative. The Commissioner to pay the costs. Reference answered in the affirmative.
|