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of <h1>Court dismisses revenue's appeal under Section 260-A of Income Tax Act regarding claimed expenditure.</h1> <h3>The Commissioner of Income Tax. Versus Market Committee, Dabwali.</h3> The High Court of Punjab and Haryana dismissed the revenue's appeal under Section 260-A of the Income Tax Act, 1961 regarding the expenditure claimed by ... Allowable expenditure - Application of income for charitable purposes - The matter is covered against the revenue by judgment of this Court in CIT v. Market Committee, Narwana (2010 -TMI - 204482 - PUNJAB AND HARYANA HIGH COURT) - Hence, the appeal is dismissed. The High Court of Punjab and Haryana dismissed the revenue's appeal under Section 260-A of the Income Tax Act, 1961 regarding the expenditure claimed by the assessee. The court found the matter covered by a previous judgment in CIT v. Market Committee, Narwana.
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