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1 - 10 of 22 (0.25 seconds)Section 80M in The Income Tax Act, 1961 [Entire Act]
Cambay Electric Supply Industrial Co. ... vs The Commissioner Of Income Tax, ... on 11 April, 1978
Learned counsel for the revenue, while relying on the decision in Cambay Electric Supply Industrial Co. Ltd. v. CIT submitted that the latest decision did not affect the point now under consideration. We have now to consider which of the decisions will govern the present case.
Section 80E in The Income Tax Act, 1961 [Entire Act]
Section 48 in The Income Tax Act, 1961 [Entire Act]
Polestar Electronic(P) Ltd vs Addl. Commissioner, Sales Tax Delhi on 20 February, 1978
Except for the difference in the category of income, there is no other distinction between these provisions. The scheme of allowance is identical. In the light of the above reasoning, we consider that the decision in Cloth Traders (P.) Ltd. v. Addl. CIT would have to be applied here.