1990 (11) TMI 35 - HC - Income Tax

Summary

The High Court of Delhi dismissed the petition regarding the deduction of expenses for a closed cinema business at Lucknow for the assessment year 1982-83. The court held that the expenses could be allowed as a deduction since the ventures at Delhi and Lucknow were considered one unit. The decision of the Supreme Court in L. M. Chhabda's case was not applicable in this scenario. No question of law was found to arise, and the petition was dismissed.