Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1987 (2) TMI 16 - HC - Income Tax
Extract:
.......nses must also be treated as part of the expenses incurred for the purpose of business and were, therefore, rightly allowed by the Tribunal. The said question also must be answered in the affirmative. In the result, questions Nos. 1 and 2 are answered in the affirmative, i.e., in favour of the assessee and against the Revenue. No order as to costs.