2013 (12) TMI 249

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..... ue since such payment has to be considered as a legal tender - Decided against Revenue. - ITA No. 5018 of 2012 - - - Dated:- 18-9-2013 - K.L. Manjunath AND A.N. Venugopala Gowda, JJ. For the Appellant : Y.V. Raviraj. JUDGMENT:- The Revenue has come up in this appeal challenging the legality and correctness of the order passed by the Income Tax Appellate Tribunal, Bangalore Bench in .....

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..... essee that all the payments were made by him to purchase the scrap from the Railways, which is run by the Union of India. According to the assessee, in respect of the purchase of scrap made from the Railway, the payments were made and any payment made to the Government is required to be considered as a legal tender and the question of adding the same by deleting from the business expenses is an er .....

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