Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1979 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1979 (1) TMI 60 - HC - Income TaxExtract: .......e 10, 1964. Accordingly, the question referred to us is answered as follows The expenditure incurred by the assessee-company from June 10, 1964, should be allowed as a deduction in determining its business profits under s. 28 of the I.T. Act, 1961. The assessee has substantially failed in this reference and it shall pay the costs of this reference.
|