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1980 (7) TMI 32 - HC - Income Tax
Extract:
.......the assessment year 1969-70, the assessee was entitled to deduction as revenue expenditure at least under s. 28(1) if not under s. 37 of the I.T. Act. Under these circumstances, all the questions referred to us are decided in favour of the assessee and against the revenue. The Commissioner will pay the costs of these two references to the assessee.