Held that the assessee has not placed any material on record in support of its claim for deduction of expenses except the resolution of its Board. Order of High Court is affirmed. (AY. 1990-91 to 1992-93)
M.P. Rajya Van Vikas Nigam Ltd. v CIT (2025) 342 CTR 8 / (2024) 244 DTR 513 (SC) Editorial : M.P. Rajya Van Vikas Nigam Ltd. v. CIT (judgment dt. 21st Oct., 2009 of the Madhya Pradesh High Court tin IT Appeal Nos. 90 of 1999 and 3 & 11 of 2001) affirmed
S.37(1): Business expenditure-No supporting material-Oder of High Court is affirmed. [Art. 136]
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