https://www.taxtmi.com/caselaws?id=64210 The Tribunal upheld the disallowance of various expenses claimed by the assessee, including accrued liability of sales tax, legal costs, medical expenses reimbursement, weighted deduction, interest on fixed deposits, legal and court expenses, brokerage and commission. The Tribunal referred to previous orders for consistency and rejected all grounds raised by both the Revenue and the assessee, upholding the disallowances and dismissing the appeals. The disallowance of brokerage and commission for negotiating the sale of cement factories in Pakistan was upheld as a capital expenditure related to a capital asset sale, not a revenue expenditure. en-us Fri, 29 Jan 1988 00:00:00 +0530 Sat, 05 Feb 2011 14:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64210 The Tribunal upheld the disallowance of various expenses claimed by the assessee, including accrued liability of sales tax, legal costs, medical expenses reimbursement, weighted deduction, interest on fixed deposits, legal and court expenses, brokerage and commission. The Tribunal referred to previous orders for consistency and rejected all grounds raised by both the Revenue and the assessee, upholding the disallowances and dismissing the appeals. The disallowance of brokerage and commission for negotiating the sale of cement factories in Pakistan was upheld as a capital expenditure related to a capital asset sale, not a revenue expenditure. Case-Laws Income Tax Fri, 29 Jan 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64210