https://www.taxtmi.com/caselaws?id=194600 A statutory declaration filed for one assessment year under Section 12A of the Income-tax Act, 1922 did not continue automatically for later years; exemption had to be supported by a fresh declaration each year because the assessment was treated as self-contained. The claim for deduction under Section 10(2)(xv) also failed on the facts, as the Tribunal found that the assessee had not shown the outgoing to be wholly and exclusively incurred for business purposes. On that issue, the finding was treated as one of evidence and no question of law arose. en-us Fri, 10 Oct 1952 00:00:00 +0530 Fri, 15 Sep 2017 16:05:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=194600 A statutory declaration filed for one assessment year under Section 12A of the Income-tax Act, 1922 did not continue automatically for later years; exemption had to be supported by a fresh declaration each year because the assessment was treated as self-contained. The claim for deduction under Section 10(2)(xv) also failed on the facts, as the Tribunal found that the assessee had not shown the outgoing to be wholly and exclusively incurred for business purposes. On that issue, the finding was treated as one of evidence and no question of law arose. Case-Laws Income Tax Fri, 10 Oct 1952 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=194600