2007 (3) TMI 727

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....ct, 1961, the following questions of law have been referred for our opinion:- "1. Whether on the facts and circumstances of the case, and in true interpretation of section 15A(1)(a) of the U.P. Sales-tax Act the assessee was entitled to the deduction of ₹ 77,757 as allowable revenue expenditure in computing its income for the accounting period relevant to the assessment year 1978-79? ....