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Showing 101 to 103 of 103 Records
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1980 (5) TMI 3
Andhra Chamber of Commerce - predominant object was to promote trade and commerce which was an object of general public utility - exempt from tax under s. 11(1).
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1980 (5) TMI 2
Is a smuggler, who is taxed on his income from smuggling under the Indian I.T. Act, 1922, entitled to a deduction under s. 10(1) of the Act on account of the confiscation of currency notes employed in the smuggling activity - Held, yes
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1980 (5) TMI 1
Jute Manufacturer- Amount paid by the assessee for purchase of loom hours - claim for deduction under s. 10(2)(xv) - whether a particular expenditure incurred by the assessee is of capital or revenue nature - held that impugned expenditure is in the nature of revenue expenditure
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