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M/S. Maddi Venkataraman & Co. (P) Ltd vs The Commissioner Of Income Tax on 2 December, 1997

9.The Department had come on appeal before the Tribunal relying on the decision of the Supreme Court in the case of Maddi Venkatraman & Co. (P) Ltd. vs. CIT [(1998) 229 ITR 534]. The appellant-Society filed a written submission, wherein it was submitted that FCR Rules do not say that more than 50% of the grant received should not be spent on 'administrative expenses'.
Supreme Court of India Cites 14 - Cited by 83 - Full Document
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