https://www.taxtmi.com/caselaws?id=65729 The appeal was partly allowed. The disallowance of Power & Fuel expenses amounting to Rs. 1,57,000 was overturned partially. The Income Tax Officer (ITO) was directed to recompute the total income, allowing the deduction for expenses related to the relevant accounting period, capped at Rs. 96,288.44. However, the disallowance of vehicle expenses worth Rs. 3,000 was upheld. en-us Wed, 19 Mar 1980 00:00:00 +0530 Fri, 18 Feb 2011 14:58:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=65729 The appeal was partly allowed. The disallowance of Power & Fuel expenses amounting to Rs. 1,57,000 was overturned partially. The Income Tax Officer (ITO) was directed to recompute the total income, allowing the deduction for expenses related to the relevant accounting period, capped at Rs. 96,288.44. However, the disallowance of vehicle expenses worth Rs. 3,000 was upheld. Case-Laws Income Tax Wed, 19 Mar 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=65729