Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1965 (1) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1965 (1) TMI 78 - BOMBAY HIGH COURTExtract: .......asle in pursuance of the agreement of December 17, 1947, is not an admissible deduction under the provisions of section 10(2)(xii) of the Income-tax Act, but the whole of the amount is an admissible deduction under section 10(2)(xv). Our answer to the second question is in the negative. In the circumstances of the case we make no order as to costs.
|