TMI Blog2002 (12) TMI 618X X X X Extracts X X X X X X X X Extracts X X X X ..... referred to us in relation to the assessment years 1984-85 and 1985-86 of the assessee and the question reads as under : Whether on the facts and in the circumstances of the case, the Appellate Tribunal was right in law in holding that the chit investment/gifts to chit subscribers would not constitute sales/business promotion expenditure and is outside the scope of the provisions of section 3 ..... X X X X Extracts X X X X X X X X Extracts X X X X
|