1981 (9) TMI 6

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..... The accounting period for these years ended respectively on 31st August, 1966, 31st August, 1967, and 31st August, 1968. The questions that arise for our decision are as follows : " 1. Whether, on the facts and in the circumstances of the case, the Tribunal was justified in allowing the claim of the assessee regarding the legal expenses amounting to Rs. 1,050 for A.Y. 1967-68, Rs. 4,599 for A....

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....suit for recovery of damages for the period from 22nd May, 1960, to 4th October, 1964. The case of the assessee is that in defending the suit he had to incur expenditure of Rs. 1,050 in the account period relevant to the assessment year 1967-68, Rs. 4,599 in the account period relevant to the assessment year 1968-69 and Rs. 890 in the account period relevant to the assessment year 1969-70. Further....

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....f business. The principles applicable in such a situation were laid down by the Supreme Court in L. U. Chhabda and Sons v. CIT [1967] 65 ITR 638 (SC). The Supreme Court, in that case, laid down that there is no such general principle that where an assessee carries on business ventures of the same character at different places it must be held as a matter of law that the ventures are part of a singl....