Home Case Index All Cases Wealth-tax Wealth-tax + HC Wealth-tax - 1991 (3) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1991 (3) TMI 6 - CALCUTTA HIGH COURTExtract: .......herefore, the Tribunal came to the correct conclusion on the facts and was right in allowing deduction of the debt in full without deduction of the allowance available under section 5(1A) of the Act. We, therefore, answer the question in the affirmative and in favour of the assessee. There will be no order as to costs. SHYAMAL KUMAR SEN J.-I agree.
|