Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1992 (7) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1992 (7) TMI 10 - MADRAS HIGH COURTExtract: .......etitioner/assessee with regard to this decision. In the result, the revision petition is allowed in part and we hold that the assessee is entitled to claim deduction under section 5(e) of the Tamil Nadu Agricultural Income-tax Act towards payment of interest on the loans borrowed and spent on immature plants to the tune of Rs.3,83,742.86. No costs.
|