https://www.taxtmi.com/caselaws?id=67651 The court dismissed Appeals No. 645 and 646, upholding the disallowance of Head Office expenses due to lack of evidence of income and expenses. It also affirmed that maintaining an office for dispute settlement does not constitute a business activity capable of generating taxable profit. Appeal No. 660 was allowed for statistical purposes, instructing the ITO to reassess terminal allowance under Section 43(A) of the IT Act, 1961 based on previous Tribunal findings. en-us Thu, 13 Nov 1975 00:00:00 +0530 Sat, 12 Mar 2011 11:32:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67651 The court dismissed Appeals No. 645 and 646, upholding the disallowance of Head Office expenses due to lack of evidence of income and expenses. It also affirmed that maintaining an office for dispute settlement does not constitute a business activity capable of generating taxable profit. Appeal No. 660 was allowed for statistical purposes, instructing the ITO to reassess terminal allowance under Section 43(A) of the IT Act, 1961 based on previous Tribunal findings. Case-Laws Income Tax Thu, 13 Nov 1975 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67651