M/S DIFFUSION ENGINEERS LTD vs. THE DEPUTY COMMISSIONER OF INCOME TAX

The appeal stands allowed

Bench: S.SUJATHA,VINEET SARAN

gains of business or profession.” 12. Thus, what could be inferred from this is that only the revenue expenditure falling under Sections 30 to 36 of the Act is attracted and not the capital expenditure. 13. The Budget Speech of Finance Minister, 1985-86 specifies the object for inserting Section 14 35AB with effect from 1.4.1986 the relevant paragraph

M/S TEJAS NETWORKS LIMITED vs. THE DEPUTY COMMISSIONER OF INCOME TAX

In the result, I proceed to pass the following: