Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1989 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1989 (12) TMI 120 - AT - Income TaxExtract: .......n the case of Chase Bright Steel Ltd. and hold that this expenditure being rent paid for accommodation for employees which is not a guest house is an admissible expenditure u/s. 30 and cannot, therefore, be disallowed u/s. 37(4) of the Act. The ITO is accordingly directed to allow this deduction and complete the assessment. 8. The appeal is allowed
|