Madras H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that a sum of Rs. 40,000 paid to the sons of Sri Kuppuswami Naicker was a capital expenditure and not deductible in determining the income of the assessee ?
High Court Of Madras Ghansham Singh vs. CIT Section 37 Sethuraman & Balasubrahmanyan, JJ. Tax Case No. 620 of 1975 […]