1991 (4) TMI 45 - CALCUTTA HIGH COURT

Extract:
.......e as it was for the purpose of business. In that view of the matter, we answer the question in this reference by saying that the amount in question could not be added as income of the assessee. In other words, the Tribunal was justified in upholding the deletion of the addition made. There will be no order as to costs. SHYAMAL KUMAR SEN J.-I agree.