1973 (3) TMI 6 - SC - Income Tax

Whether any part of the expenditure incurred by the assessee in connection with the criminal proceedings initiated and conducted by the Government against Shri Ramgopal Ganpatrai was an allowable deduction u/s 10(2)(xv) - whether there is any basis for estimating such allowable part of expenditure at one-third of the total - Questions are answered in favour of the assessee