Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1975 (8) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1975 (8) TMI 67 - ITAT MADRASExtract: .......correct. We are satisfied that this is a case of sales return both within the meaning of law and accounts and hence to be reckoned as a justifiable deduction within the meaning of r. 5-A(b). The appeal has therefore, to be allowed. 6. In the result, the appeal is allowed. The appellant is eligible for a reduction at Rs. 76,115.80 at 3-1/2 per cent.
|