https://www.taxtmi.com/caselaws?id=64319 The appeal was partly allowed with specific directions to allow certain disallowances and restore one issue for fresh decision. The major claim regarding compensation for loss of office was upheld as capital expenditure and not allowable as revenue expenditure. The Tribunal directed the AO to give consequential relief in relation to interest under s. 234 while implementing the appellate order. en-us Fri, 22 Jun 2001 00:00:00 +0530 Mon, 07 Feb 2011 11:30:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64319 The appeal was partly allowed with specific directions to allow certain disallowances and restore one issue for fresh decision. The major claim regarding compensation for loss of office was upheld as capital expenditure and not allowable as revenue expenditure. The Tribunal directed the AO to give consequential relief in relation to interest under s. 234 while implementing the appellate order. Case-Laws Income Tax Fri, 22 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64319