M/S.POPULAR FINANCE,PATHANAMTHITTA vs. THE ACIT, CIRCLE-1, THIRUVALLA

In the result, the appeals of the Revenue are partly allowed for statistical purposes

Bench: S/Shri Chandra Poojari, Am & George George K., Jm

disallowance u/s. 37(1) cannot be resorted to when the claim is made by the appellant u/s. 36(1) (iii) of the Act. 4. Attention is invited to a well-known legal maxim "generalibus specialia derogant", which clearly mentioned that ‘if a special provision is made on a certain matter, the matter is excluded from the general provisions'. Section

M/S POPULAR FINANCE COMPANY,PATHANAMTHITTA vs. THE ACIT,CIR-1,, THIRUVALLA

In the result, the appeals of the Revenue are partly allowed for statistical purposes