Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1987 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1987 (1) TMI 74 - HC - Income TaxExtract: .......n is untenable. The unit taken for the purpose of applicability of ceiling limit in a particular year is sought to be nullified in the event of expenditure spreading over years. This approach is obviously not in accord with the purport of the provision. In the result, the question is answered in the negative and in favour of the assessee. No costs.
|