Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1997 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1997 (10) TMI 92 - AT - Income TaxExtract: .......offered for taxation. Therefore, we agree with the contention of the assessee that the amount was paid in connection with its business. Therefore, it has to be treated as revenue expenditure and has to be allowed. In the circumstances, we uphold the order of the CIT(A) deleting the addition. 8. In the result, the appeal by the Revenue is dismissed.
|