Case Law Details
Case Name : C.R. Auluck & Sons (P) Ltd. Vs ACIT (ITAT Chandigarh)
Appeal Number : ITA No. 915/Chd/2008
Date of Judgement/Order : 30/06/2010
Related Assessment Year : 2005-06
Courts :
All ITAT ITAT Chandigarh
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C.R. Auluck & Sons (P) Ltd. Vs ACIT (ITAT Chandigarh)
The basis for allowing an expenditure in the hands of the assessee is an expenditure incurred for the purpose of business. Applying the ratio of commercial expediency propounded by the Hon’ble Supreme Court in S.A. B
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