https://www.taxtmi.com/caselaws?id=63018 The tribunal dismissed the appeal, affirming the disallowance of compensation as the appellant failed to establish business justification and the arbitration award lacked validity. The judgment emphasized procedural irregularities in the arbitration process and the absence of proven liabilities to support the compensation claim. en-us Tue, 27 Oct 1987 00:00:00 +0530 Thu, 27 Jan 2011 12:59:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63018 The tribunal dismissed the appeal, affirming the disallowance of compensation as the appellant failed to establish business justification and the arbitration award lacked validity. The judgment emphasized procedural irregularities in the arbitration process and the absence of proven liabilities to support the compensation claim. Case-Laws Income Tax Tue, 27 Oct 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63018