Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1984 (10) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1984 (10) TMI 101 - AT - Income TaxExtract: .......on by a legal fiction treats the business in existence in the previous year for the purpose of bringing the balancing charge to tax even though there is cessation of operation. It is a well settled principle that a legal fiction is to be limited for the purpose for which it has been created and cannot be extended beyond that legitimate frame. . . .
|