Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 2008 (6) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2008 (6) TMI 267 - AT - Income TaxExtract: .......r would be assessable only under the head Income from other sources . 25. Regarding claim of the assessee about insurance charges, the AO will verify the same and if it is paid/payable (on mercantile basis) by the assessee during the year it will be allowed as deduction under s. 57(iii). 26. As a result, the appeal filed by the assessee is allowed.
|