Commissioner Of Income Tax vs Lahore Electric Supply Co. Ltd.
Whether the assessee-company had ceased to carry on business during the relevant accounting period, thereby disentitling it to claim deductions under section 10(2)(xv) of the Income Tax Act, 1922 --- Held No. Whether the expenses claimed were admissible under section 10(2) of the Act --- Not decided as the first question was answered in the negative.
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