Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1985 (10) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1985 (10) TMI 65 - HC - Income TaxExtract: .......er section 40(a)(v) of the Income-tax Act, 1961. In regard to depreciation on the said flat provided to the said director, the Tribunal ought to have held that it could be allowed only to the extent it was not covered by the provisions of section 40(a)(v) of the Income-tax Act, 1961. The assessee shall pay to the Revenue the costs of the reference.
|