1990 (1) TMI 133 - AT - Income Tax

Summary

The appeals involved an increase in rent disallowed under IT Act section 40A(2)(a). The Appellate Tribunal canceled the disallowance of Rs. 2,400 in each of the two years. The disallowance of telephone expenses of Rs. 500 in each of the two years was also deleted. As a result, the appeals were allowed.