1978 (1) TMI 23 - HC - Income Tax

Summary

The High Court of Allahabad ruled on two questions of law regarding expenditure under section 40A(3) and relief under rule 6DD of the I.T. Rules, 1962. The court held that purchases are considered expenditure under section 40A(3) and denied relief under rule 6DD due to failure to establish payments to producers. The judgment favored the department and awarded costs of Rs. 200 to the Commissioner.