Meaning of tax terms

Meaning of “Insofar as”

Posted on by Prashant Thakur

Case Name : CIT Vs. Eimco K.C.P. Ltd.

Citation :[1984] 147 ITR 603/17 TAXMAN 359 (MAD.)

Court : Madras High Court

Section : 263

Meaning : In the expression ‘insofar as it is prejudicial to the interests of the revenue’, the word phrase ‘insofar as’ has the same meaning as ‘to the extent that’.

Prashant Thakur

The author has spent more than 30 years in the field of taxation. Wrote four books -3 on on Indian Tax Law and 1 on US tax law for cryptocurrency. Apart from https:taxworry.com , he also writes on https://irstaxapp.com which is for US tax laws. He is a tech enthusiast and manages a cloud computing company that publishes innovative software.

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