Home Case Index All Cases Income Tax Income Tax + SC Income Tax - 1970 (4) TMI SC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1970 (4) TMI 6 - SC - Income TaxExpenditure was not laid out for any purpose other than that of carrying on the business - sum of Rs. 40,132 was payment of a revenue nature and, as such, allowable as deduction under s. 10(2)(xv) - revenue's appeal is dismissed
|