S. 37(1): Business expenditure-Division of expenditure-Sales return-Provision for sales return-No substantial question of law. [S. 10(1), 145, 260A]
S. 37(1): Business expenditure-Division of expenditure-Sales return-Provision for sales return-No substantial question of law. [S. 10(1), 145, 260A]
S.37(1): Business expenditure-Bank-Interest-Capital or revenue-Broken period interest paid on purchase of securities-Allowable as revenue expenditure.[S. 260A]
S. 37(1) : Business expenditure-Bank-Interest-Capital or revenue-Broken period interest paid on purchase of securities-Allowable as revenue expenditure-SLP of Revenue is dismissed.[Art. 136]
S. 37(1) : Business expenditure-Banks-Government Securities-Purchased after interest date-Interest paid for broken period is not part of purchase price-Allowable as revenue expenditure.
S.37(1): Business expenditure-Banks-Government Securities-Interest paid for broken period-Allowable as revenue expenditure.[Art. 136]
S. 37(1) : Business expenditure-Banks-Government Securities-Interest paid for broken period-Allowable as revenue expenditure.
S. 28(i) : Business income-Income from house property-Object of developing commercial properties-Rental income assessable as business income. [S. 22, 260A].
S. 28(i) : Business income-Interest on securities-Business income-Business expenditure-Salaries and perquisites-Disallowance is to be restricted to expenditure apportioned under profits and gains of business or profession and not under head interest on securities. [S. 18, 20(1(i), 36, 37(1), 40A(5),44C, Art. 136]
S. 28(i) : Business income-Interest on securities-Business income-Business expenditure-Salaries and perquisites-Disallowance is to be restricted to expenditure apportioned under profits and gains of business or profession and not under head interest on securities-Precedent-Appeal of Revenue is dismissed. [S. 18, 20(1(i), 36, 37(1), 40A(5), Art. 136]
S. 28(i) : Business income-Accrual of income-Banks-Interest on doubtful loans-Determined in accordance with Central Board of Direct Taxes Circular. [S. 21, 40A(5), 119]