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NATIONAL ENGINEERING INDUSTRIES LTD. versus COMMISSIONER OF INCOME-TAX

There is no difference in discount and premium with respect to Debenture Premium Debentures Company expense is to be spread over several years between the date of redemption and the date of redemption for the payment of debenture premium which is related to the accounting year. The money is disconnected from the Indian Income Tax Act, 1961. , Section 37 Investment Allowance Data Processing Machinery does not find that data processing machines used for accounting purposes are entitled to investment allowance in respect of basic data processing machines, Indian Income Tax Act, 1961, Sec. 32A Business Expenses Company expenditures not allowed to repair and spend on motorists insurance, provident funds and bonuses payable to drivers, obtaining a payable roof and prohibiting Indian income tax under section (37 (A)). Act, 61 1961, section 3737 attorney vs advocate vs counsel from Hub Inds Estate lawyer