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2001 (12) TMI 211 - AT - Income Tax
Extract:
.......50 per cent cannot be treated to be excessive. Hence, deduction should have been allowed in our view. The Departmental authorities have not taken a reasonable view in this regard. We, therefore, allow the deduction of Rs. 13,770 and the assessee gets relief accordingly. This ground is partly allowed. 57. In the result, the appeal is partly allowed.