256 ITR

Sec. 37(1), Section 256, Section 37

Andhra Pradesh H.C : Whether, on the facts and in the circumstances of the case, the Tribunal is right in allow in coming to the conclusion that the payment claimed to have been made under the head ‘Secret commission’ is not opposed to public policy and is an admissible item of deduction in the computation of the total income of the assessee?

High Court Of Andhra Pradesh CIT vs. Transport Corporation Of India Ltd. Sections 37(1), 256 Asst. Year 1981-82, 1982-83, 1983-84,

Sec. 36(1)(v), Sec. 37(1)

Bombay H.C : Whether, on the facts and in the circumstances of the case, the Tribunal was justified in law in holding that the expenditure of Rs. 3,70,755 incurred by the assessee as retirement compensation was for maintaining good relations with the employees and for the welfare of the employees and hence allowable as revenue expenditure ?

High Court Of Bombay CIT vs. Sinnar Bidi Udyog Ltd. Sections 36(1)(v), 37(1) Asst. Year 1989-90 H.L. Gokhale & J.P.

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