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<h1>Delhi High Court Decides Mixed Outcome in Income Tax Dispute</h1> The High Court of Delhi ruled in favor of the Revenue on certain issues and in favor of the assessee on others in a case involving income tax, ... Business Expenditure, Disallowance, Accrual Of Income, Interest On Securities, Treasury Bills The High Court of Delhi addressed various questions of law related to income tax, perquisites, expenses, and taxation of income. The court cited relevant judgments to answer each question, ultimately ruling in favor of the Revenue on some issues and in favor of the assessee on others. The reference was disposed of with no order as to costs.
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