Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1984 (1) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1984 (1) TMI 137 - ITAT JABALPURExtract: .......khs received from partners is the investment made during the year in business. Since the investment was made in the financial year 1973-74, it is properly assessable for the year 1974-75. 38. We, therefore, hold that an addition of Rs. 2 lakhs has to be sustained. 39. The appeal is, therefore, partly allowed. The addition is reduced to Rs. 2 lakhs.
|