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MODI SPINNING AND WEAVING MILLS CO. LTD. versus COMMISSIONER OF INCOME-TAX


Before the depreciation of the Indian rupee, import development waiver machinery should be paid in installments dev Original Price \ Indian Income Tax Act, 1961, Sections 33 and 43A (2) Business Expenses Recreational Expenses Guests by another company What is kept is a portion of the expenditure on the maintenance of the guests used for the accommodation of the guests The portion of the business of the Assisi's business is not the expense of maintaining the residential accommodation, but of the fact that the recreation expenses are only a few. Were the Indian Income Tax Act, 196, by another company and not by Asisi. 1, There is no reason not to allow section 37 (2), (3), (4)

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