https://www.taxtmi.com/caselaws?id=63022 The appellate court partially allowed the appeal in favor of the appellant company, directing the tax authority to consider only 5% of the actual operating cost as the taxable receipt for the assessment year. The court determined that the reimbursement of expenses incurred on behalf of another entity did not constitute the appellant's income, as the expenses were not incurred by the appellant on its own. The court did not address other grounds related to disallowances as they were not pursued by the appellant. en-us Tue, 13 Oct 1987 00:00:00 +0530 Thu, 27 Jan 2011 13:31:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63022 The appellate court partially allowed the appeal in favor of the appellant company, directing the tax authority to consider only 5% of the actual operating cost as the taxable receipt for the assessment year. The court determined that the reimbursement of expenses incurred on behalf of another entity did not constitute the appellant's income, as the expenses were not incurred by the appellant on its own. The court did not address other grounds related to disallowances as they were not pursued by the appellant. Case-Laws Income Tax Tue, 13 Oct 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63022