Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
Home
The High Court dismissed the Department's application regarding the allowance of a deduction for expenses on a foreign tour by a dealer. The Tribunal upheld the Commissioner of Income-tax (Appeals)'s decision, stating that the liability was ascertained and deductible. The court declined to refer the questions to the High Court.
|