1979 (12) TMI 4 - HC - Income Tax

Summary

The judgment relates to the deductibility of legal charges under the Agricultural Income-tax Act for the assessment years 1972-73, 1973-74, and 1974-75. The court ruled in favor of the assessee based on a previous decision, CIT (Agrl.) v. Malayalam Plantations Ltd. [1978] 115 ITR 624 (Ker).