https://www.taxtmi.com/caselaws?id=63760 The Tribunal allowed deductions for entertainment expenses, deleted disallowance of foreign travel expenses for the executive's wife, directed calculation of disallowance for cash payments and car expenses in line with court rulings, upheld deletion of cash payment disallowance under section 40A(3), allowed market survey expenses deduction, and approved depreciation rate on moulds at 40%. Both assessee's and Revenue's appeals were partly allowed based on legal interpretations and precedents. en-us Fri, 03 Jun 1994 00:00:00 +0530 Tue, 01 Feb 2011 16:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63760 The Tribunal allowed deductions for entertainment expenses, deleted disallowance of foreign travel expenses for the executive's wife, directed calculation of disallowance for cash payments and car expenses in line with court rulings, upheld deletion of cash payment disallowance under section 40A(3), allowed market survey expenses deduction, and approved depreciation rate on moulds at 40%. Both assessee's and Revenue's appeals were partly allowed based on legal interpretations and precedents. Case-Laws Income Tax Fri, 03 Jun 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63760