1956 (2) TMI 54 - HC - Income Tax

Extract:
.......nion, therefore, this was an expenditure which the assessee company could claim as a permissible deduction under section 10(2)(v) of the Act. We will therefore answer question (1) in the affirmative. We express no opinion on question (2) and therefore we will say that it does not arise. Commissioner to pay the costs. Reference answered accordingly.