Section 40A

Sec. 40A(5), Section 22, Section 28, Section 37, Section 40, Section 40A

Andhra Pradesh H.C : Whether, on the facts and in the circumstances of the case, the cost of repairs to the buildings taken on lease by the assessee or on the buildings of its own and allotted to its employees could be treated as perquisite for the purpose of s. 40A(5) of the IT Act ?

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High Court Of Andhra Pradesh CIT vs. Vazir Sultan Tobacco Co. Ltd. Sections 28, 22, 37, 40A(5) Asst. Year 1972-73,

Sec. 40A(3)

Andhra Pradesh H.C : Whether, on the facts and in the circumstances of the case, the payment of Rs. 39,246 by the assessee in cash to the persons from whom he purchased smuggled goods can be said to be a payment made out of business expediency within the meaning of the second proviso to s. 40A(3) and is covered by r. 6DD(j) of the IT Rules, 1962, and is, therefore, deductible in computing the total income for the asst. yr. 1974-75?

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High Court Of Andhra Pradesh S. Venkata Subba Rao vs. CIT Section 40A(3) Asst. Year 1974-75 B.P. Jeevan Reddy &

Sec. 37(1), Sec. 40A(7), Section 28, Section 37

Calcutta H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that the sum of Rs. 57,643 representing a provision made for gratuity payable to the employees was an allowable deduction in computing the profits and gains of the assessee’s business ?

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High Court Of Calcutta CIT vs. Steel Rolling Mills Of Bengal Ltd. Sections 40A(7), 28, 37(1) Asst. Year 1972-73 Dipak

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