Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1994 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1994 (3) TMI 73 - HC - Income TaxExtract: .......e the liability of the assessee-firm to pay Rs. 3,00,000 arose prior to the end of the accounting year 1973, this expenditure was rightly allowed by the Commissioner of Income-tax (Appeals) for the assessment year 1974-75. Hence, the question which is referred to us is answered in the affirmative and in favour of the assessee. No order as to costs.
|