Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1991 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1991 (1) TMI 101 - HC - Income TaxExtract: .......tion Ltd. 1986 160 ITR 723. In the said case, the Bombay High Court accepted the claim of the assessee that the assessee was entitled to add on the liability in Indian rupees by virtue of the liability incurred by the assessee on account of rupee devaluation. Consequently, our answers to the questions are in the affirmative and against the Revenue.
|