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1972 (5) TMI 1 - HC - Income TaxWhether the sum of Rs. 43,377, representing the demand of sales tax which the assessee was called upon to pay during the previous year to the assessmerit year 1958-59 could properly be allowed as deduction in the assessment of that year - In the absence of any legal bar in the way of the assessee claiming this expenditure in the year of demand for which provision has already been made in his accounting year, deduction under section 10(2)(xv) is permissible in law and has been rightly allowed by the Tribunal - the sum of Rs. 43,377 representing the final demand of sales tax which the assessee was called upon to pay during the previous year to the assessment year 1958-59 could properly be allowed as deduction in the assessment of that year
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