https://www.taxtmi.com/caselaws?id=29192 The court concluded that the assessee was entitled to a deduction of Rs. 7,437.86, not the entire amount of Rs. 25,655. The expenditure was considered a revenue expenditure related to the business, and the liability was not personal. The timing of the deduction was based on the actual payment made during the relevant accounting year. As neither party wholly succeeded, there was no order as to costs in the reference. en-us Thu, 13 Mar 1980 00:00:00 +0530 Thu, 11 Mar 2010 13:12:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=29192 The court concluded that the assessee was entitled to a deduction of Rs. 7,437.86, not the entire amount of Rs. 25,655. The expenditure was considered a revenue expenditure related to the business, and the liability was not personal. The timing of the deduction was based on the actual payment made during the relevant accounting year. As neither party wholly succeeded, there was no order as to costs in the reference. Case-Laws Income Tax Thu, 13 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=29192