Home Case Index All Cases Income Tax Income Tax + SC Income Tax - 1993 (5) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1993 (5) TMI 1 - SC - Income TaxRoyalty paid to firm for use of trade name - Whether the Tribunal was right in holding that the sum of Rs. 1,79,742 could not be disallowed under section 40(c) - held that the payments in question did not fall within section 40(c). Accordingly, the appeals are allowed, the judgment of the High Court is set aside and the question referred to the High Court is answered in the affirmative, i.e., in favour of the assessee
|