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Home › All Judgements › CIT vs. Vishnu Industrial Gases (Delhi High Court)

CIT vs. Vishnu Industrial Gases (Delhi High Court)

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COURT:
CORAM:
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CATCH WORDS:
COUNSEL:
DATE: (Date of pronouncement)
DATE: August 12, 2008 (Date of publication)
AY:
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CITATION:

Where the department had not disputed that the expenditure was deductible in principle but was only disputing the year in which the deduction could be allowed HELD, castigating the department, that as the tax rates were the same in both years, the department should not fritter away its energies in raising questions as to the year of deductibility/taxability.

CIT vs. Nagri Mills 33 ITR 681 (Bom) followed.

See also: CIT vs. Shri Ram Pistons (Delhi High Court).

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