Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1937 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1937 (7) TMI 2 - HC - Income TaxExtract: .......t has not the effect of making the expenditure a permissible deduction under Sec. 10, and it is totally inconsistent with such expenditure being expenditure incurred solely for the purpose of earning profits and gains within the meaning of Sec. 10(2)(ix). EDGLEY, J.--I agree with my Lord the Acting Chief Justice. Reference answered in the negative.
|