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1976 (7) TMI 3 - MADRAS HIGH COURT
Extract:
.......e nature of the expenditure described above, we are satisfied that the Tribunal came to the correct conclusion in holding those items as revenue expenditure allowable as deduction under section 37 of the Act. We, therefore, answer the question in the affirmative and in favour of the assessee. The assessee will have its costs. Counsel s fee Rs. 500.