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2007 (8) TMI 331 - HC - Income TaxClaim for special deduction u/s 80O in respect of commission received from the Italian firm assessee had not established his claim by producing the relevant records sales commission received by assessee was not for an activities relating to technical or professional services to principals in absence of any materials to show that what was passed onto foreign enterprise was information concerning commercial or technical or scientific aid, merely because an agreement was entered into between the assessee and the foreign enterprise, assessee was not entitled to special deduction u/s 80O in respect of interest on borrowed capital which was used for purchase of property and that property was used for purpose of business, interest is deductible
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