LAWS(MAD)-1934-5-4

COMMISSIONER OF INCOME TAX Vs. CHENGALVAROYA MUDALIAR

Decided On May 08, 1934
COMMISSIONER OF INCOME-TAX Appellant
V/S
CHENGALVAROYA MUDALIAR. Respondents

JUDGEMENT

(1.) - The question referred to us is :

(2.) WHETHER the decision of the Assistant commissioner that Rs. 11,775 is not deductible in arriving at the profits of the petitioners business is correct in law.

(3.) IN Smith & son v. Moore (1921) 2 A.C. 13, LORD SUMNER says :