Sec. 40(a)(ii)

Sec. 40(a)(ii), Section 189, Section 40

Gujarat H.C : Whether, on the facts and in the circumstances of the case, the Tribunal is right in coming to the conclusion that the amount of Rs. 1,18,920 representing income-tax liability of the erstwhile firm and paid by the assessee-company cannot be allowed as deduction as an expenditure while computing the taxable income in the hands of the assessee?

High Court Of Gujarat Himson Textile Engineering Industries (P) Ltd. vs. CIT Sections 40(a)(ii), 189 Asst. Year 1982-83 M.S. Shah, […]

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