Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1988 (3) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1988 (3) TMI 112 - AT - Income TaxExtract: ....... in Lucas Industries Ltd. s case referred to above, is applicable to the present case as well. The learned CIT (Appeals) has not gone into the nature of the payment at all and we hold that he erred in taking the view that he did. The same position will hold good for both the assessment years. 15. In the result, the departmental appeals are allowed.
|