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1978 (8) TMI 2 - PATNA HIGH COURT
Extract:
.......tate Financial Corporation . The only difference was that in the assessment year in question the percentage of reserve deductible under s. 36(l)(viii) was 10 per cent. instead of 25 per cent. For the reasons given in the aforesaid decision, we answer the question in favour of the assessee and against the Revenue. There will be no order as to costs.