2003 (1) TMI 71 - HC - Income Tax

Whether, the Department was right in contending that in this case waiver constituted remission of trading liability and, therefore, section 41(1) stood attracted ? - Whether the assessee was entitled to hundred per cent deduction of the intitial contribution made to approved superannuation fund? -Whether the Tribunal was right in holding that the roads constructed by the company constituted plant within the meaning of section 43(3) of the Act and whether it was eligible for depreciation allowance? - Whether, on the facts and in the circumstances of the case, the Tribunal was right in holding that the donation for ₹ 92,500 to an education society was allowable as expenditure incurred for business purposes?