https://www.taxtmi.com/caselaws?id=64266 The appeal was partly allowed with specific directions for verification and allowance of certain claims. Disallowances under Section 43B and Rule 6D were dismissed as not pressed. The disallowance on account of gifts to foreign collaborators was deleted for consistency with a prior decision. The disallowance of bonus paid was remitted for verification due to lack of evidence. Disallowances on repairs of generator and deduction under Section 80G were deleted. Additional depreciation was allowed as machinery was installed before the specified date. Deduction under Section 35AB was denied as payment was not made in the relevant year. Interest levy under Section 216 was dismissed. en-us Mon, 25 Jul 1994 00:00:00 +0530 Sat, 05 Feb 2011 17:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64266 The appeal was partly allowed with specific directions for verification and allowance of certain claims. Disallowances under Section 43B and Rule 6D were dismissed as not pressed. The disallowance on account of gifts to foreign collaborators was deleted for consistency with a prior decision. The disallowance of bonus paid was remitted for verification due to lack of evidence. Disallowances on repairs of generator and deduction under Section 80G were deleted. Additional depreciation was allowed as machinery was installed before the specified date. Deduction under Section 35AB was denied as payment was not made in the relevant year. Interest levy under Section 216 was dismissed. Case-Laws Income Tax Mon, 25 Jul 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64266