3,844 results for “disallowance”+ Section 2(24)(iv)clear
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The appeals stand disposed of as above
IV (Computation of Total Income), no deduction shall be allowed in respect of expenditure "incurred' by the assessee "in 0 relation to" income which does not form part of the total income under the said Act. 0 A lot of emphasis was laid on the expressions "incurred" and "in relation to". It was contended by Mr A jay Vohra