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2002 (7) TMI 90 - HC - Income TaxBusiness Expenditure, Disallowance Of Expenditure, Expenditure On Running And Maintance Of Motor Cars, Expenditure On Salary And Dress Allowance Of Drivers - "(i) Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was justified in upholding the rejection of method of accounting of interest on sticky loans credited to 'Interest Suspense Account' consistently followed by the assessee in the assessment years 1961-62 onwards and accepted by the Department? - (ii) Whether, on the facts and circumstances of the case, the Appellate Tribunal was justified in upholding the taxation of interest on sticky loans credited to 'Interest Suspense Account' contrary to the decision consistently taken in the preceding years not to tax?" - "(iii) Whether, on the facts and circumstances of the case, the Tribunal was justified in holding that the expenditure on salary and uniform allowance paid to drivers was hit by the provisions of section 37(3A)?"
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