Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 2010 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2010 (8) TMI 435 - HC - Income TaxExemption u/s 11 - Investment in debenture - in the absence of any definition of "debenture" in the Income-tax Act, reliance could be placed upon the definition given in section 2(12) of the Companies Act and also the common parlance in which this term is understood - it cannot be held that the assessee contravened the provision of section 13(1)(d) of the Act - Decided in the favour of the assessee
|