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2002 (7) TMI 15 - MADRAS HIGH COURT"1. Whether, the claim of the assessee for weighted deduction under section 35B in respect of bank charges of Rs. 8,68,600 has to be conceded? - 2. Whether, disallowance under sections 40A(5) and 40(c) was rightly made by the Assessing Officer in respect of the expenditure incurred on the company cars which were used for the personal purposes of the employees and directors? - 3. Whether, the sum of Rs. 81,810 incurred by the assessee for shifting its administrative office from Madurai to Bangalore as a result of amalgamation of three companies having number of activities in various centres was allowable as revenue expenditure in the computation of its business income?" - The first question is answered in favour of the Revenue and against the assessee - We, answer second question in favour of the Revenue and against the assessee. - we answer the third question against the Revenue and in favour of the assessee.
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