Case Law Details
Case Name : J.K. Industries Ltd. Vs. Commissioner of Income Tax (Calcutta High Court)
Appeal Number : ITA No. 624 of 2004
Date of Judgement/Order : 17/03/2011
Related Assessment Year :
Courts :
All High Courts Calcutta High Court
Become a Premium member to Download.
If you are already a Premium member, Login here to access.
Sponsored
J.K. Industries Ltd. Vs. Commissioner of Income Tax (Calcutta High Court)– When the Board of Directors of the assessee had thought it fit to spend on the foreign tour of the accompanying wife of the Managing Director for commercial expediency, the reasons being reflected in its resolution quoted by us, it was not within the province of the Income-tax Authority to disallow such expenditure by sitting over the decision of the Board, in the absence of any specific bar created by the Statute for such expenditure.
IN THE HIGH COURT OF CALCUTTA Please become a Premium member. If you are already a Premium member, login here to access the full content.
ITA No. 624 of 2004
J K INDUSTRIES LTD
Sponsored
Kindly Refer to
Privacy Policy &
Complete Terms of Use and Disclaimer.