Case Laws
Acts
Notifications
Circulars
Classification
Forms
Manuals
Articles
News
D. Forum
Highlights
Notes
🚨 Important Update for Our Users
We are transitioning to our new and improved portal - www.taxtmi.com - for a better experience.
⚠️ This portal will be discontinued on 31-07-2025
If you encounter any issues or problems while using the new portal,
please
let us know via our feedback form
so we can address them promptly.
Home
The High Court of Punjab and Haryana ruled in favor of the assessee regarding the deduction of interest payment to the Sugarcane Society. The court also allowed the deduction of Rs. 26,862 for the assessment year 1969-70 as the liability arose in that accounting year.
|