1979 (6) TMI 2 - HC - Income Tax

Agricultural Income, Expenditure Incurred, Legal Expenses, Travelling Expenses, Wholly And Exclusively

Summary

The High Court of Kerala ruled in favor of the assessee regarding the deductibility of legal and audit expenses in computing agricultural income under the Kerala Agricultural Income-tax Act, 1950. The decision was based on previous rulings and there will be no order as to costs.