https://www.taxtmi.com/caselaws?id=28259 The High Court directed the Tribunal to reassess the allowance of legal expenses and a payment made as per its order for the assessment years 1967-68, 1968-69, and 1969-70. The court stressed the importance of determining whether the exhibition of films in three cinema houses constituted one single business or three separate businesses, referencing established legal principles. The Tribunal was instructed to reevaluate the matter in accordance with the Supreme Court's decision, emphasizing the necessity of analyzing the unity or independence of the business ventures to decide on the deductibility of the expenses claimed by the assessee. en-us Sat, 19 Sep 1981 00:00:00 +0530 Sat, 20 Feb 2010 10:45:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28259 The High Court directed the Tribunal to reassess the allowance of legal expenses and a payment made as per its order for the assessment years 1967-68, 1968-69, and 1969-70. The court stressed the importance of determining whether the exhibition of films in three cinema houses constituted one single business or three separate businesses, referencing established legal principles. The Tribunal was instructed to reevaluate the matter in accordance with the Supreme Court's decision, emphasizing the necessity of analyzing the unity or independence of the business ventures to decide on the deductibility of the expenses claimed by the assessee. Case-Laws Income Tax Sat, 19 Sep 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28259