CIT vs. Birla Spinning and Weavings Ltd. Supreme Court) (1971) 82 ITR 166 (SC)

Supreme Court Of India Commissioner Of Income Tax, West Bengal Vs. Birla Cotton Spinning & Weaving Mills Ltd. & Ors. Date Of Judgment- 17/08/1971 Bench: A.N. Grover,K.S.Hegde, Citation: 1972 AIR 19 1972, SCR (1) 283 1973, SCC (3) 344 ACT: Indian Income-tax Act (11 of 1922), s. 10(2)(xv)–‘For the purpose of business’, scope of-Expenses incurred before Investigation Commission-Whether deductible. HEADNOTE: The assessee, a public limited company, incurred legal expenses for representing its case before the Income-tax Investigation Commission, ?he proceed...