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1 - 5 of 5 (0.21 seconds)Commissioner Of Income-Tax vs Birla Cotton Spg. And Wvg. Mills Ltd. on 31 July, 1991
5. On general principle, fee paid to professional advisors was allowable. Reference may be made to the judgment of the hon'ble Supreme Court in CIT v. Birla Cotton Spg. and Wvg. Mills Ltd. , wherein it was observed (pages 171, 172 of 82 ITR):
K.L. Poddar And Sons Pvt. Ltd. vs Commissioner Of Income-Tax on 4 February, 1991
6. However, Section 80VV of the Income-tax Act, 1961 (for short, "the Act"), which was in force during the relevant assessment year, did not allow any expenditure on this account in excess of Rs. 5,000. Even after the above statutory amendment, it was held in K.L. Poddar and Sons P. Ltd. v. CIT that Section 80VV of the Act was concerned only with representation before the authorities/court, while the fee could be paid even for general consultation, which is not covered under Section 80VV of the Act. Relevant observations are (page 366 of 191 ITR):
Commissioner Of Income-Tax, Delhi vs M/S Volga Restaurant on 2 August, 2001
In CIT v. Volga Restaurant [2002] 253 ITR 405 (Delhi), it was observed (page 410):
Section 37 in The Income Tax Act, 1961 [Entire Act]
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