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2002 (10) TMI 10 - HC - Income TaxWhether, Tribunal was right in considering the commission paid to the managing director as the perquisite for the purpose of section 40(c)? - Whether, legal and professional expenses in respect of amalgamation of the sister concern with the assessee-company is allowable revenue expenditure?" - Whether, Tribunal has not erred in law in holding that a sum of Rs. 20,000 out of motor car expenses is not disallowable as personal and non-business use of motor car in the hands of the assessee? - Whether Tribunal is right in law in holding that the assessee is entitled to the depreciation as claimed and 1/7th portion of the depreciation of motor car is not disallowable?" – All the questions are answered in favour of assessee
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