Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1993 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1993 (2) TMI 89 - HC - Income TaxExtract: .......ld have made on the contract. The assignment has not affected in any manner the trading structure of the company or its business activities. The amount received for assigning this contract, therefore, must be viewed as revenue receipt. In the premises, question No. 2 is answered in the affirmative and in favour of the Revenue. No order as to costs.
|