https://www.taxtmi.com/caselaws?id=64218 The appeals related to the assessment year 1980-81 involved various issues under the Income Tax Act, 1961. In ITA No. 5131 of 1987, disallowances under different sections were considered, with some disallowances confirmed and others deleted. ITA No. 5382 of 1987 saw the rejection of disallowance of sales incentive expenses and ex gratia payment. In ITA No. 5353 of 1988, the dispute over a payment to a Senior Executive Director was resolved in favor of the assessee. Ultimately, ITA No. 5131 of 1987 was partly allowed, ITA No. 5382 of 1987 was dismissed, and ITA No. 5353 of 1988 was allowed. en-us Fri, 09 Nov 1990 00:00:00 +0530 Tue, 22 Feb 2011 13:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64218 The appeals related to the assessment year 1980-81 involved various issues under the Income Tax Act, 1961. In ITA No. 5131 of 1987, disallowances under different sections were considered, with some disallowances confirmed and others deleted. ITA No. 5382 of 1987 saw the rejection of disallowance of sales incentive expenses and ex gratia payment. In ITA No. 5353 of 1988, the dispute over a payment to a Senior Executive Director was resolved in favor of the assessee. Ultimately, ITA No. 5131 of 1987 was partly allowed, ITA No. 5382 of 1987 was dismissed, and ITA No. 5353 of 1988 was allowed. Case-Laws Income Tax Fri, 09 Nov 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64218