LACHHIRAM PURANMAL MOMAN BARODIYA versus COMMISSIONER OF INCOME-TAX
Referral Business Expenses The Lending Capital Tribunal did not allow this portion of the interest on the loan to be used by the Commissioner (Appeal) for the purchase of agricultural land during this year and found that the borrower's capital and There was no nexus between the purchase of agricultural land. Whether the reference application of a tribunal is justified is a question of law, the Indian Income Tax Act, 1961, sections 36 (l) (iii) and 256 (2).
Find a Lawyer Near You
Dealing with a matter like this? Connect with a verified advocate in your city — free on SJP Lawyers Directory.
