https://www.taxtmi.com/caselaws?id=68133 Section 43B did not justify disallowance of sales-tax and provident fund liabilities where the dues were shown as paid within the time permitted under the relevant law, so those additions were deleted. Bonus liability required factual verification because the record was insufficient to confirm that it was an ascertained amount payable under the Payment of Bonus Act, so the matter was remitted to the Assessing Officer. Travelling, entertainment, and car and jeep expenses were disallowed for lack of reliable proof of business use, and the estimated disallowances were upheld. In contrast, stamp duty and guarantee fee or interest on loans for a running business were treated as revenue expenditure, so those disallowances were deleted. en-us Thu, 29 Jul 1993 00:00:00 +0530 Wed, 16 Mar 2011 18:31:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68133 Section 43B did not justify disallowance of sales-tax and provident fund liabilities where the dues were shown as paid within the time permitted under the relevant law, so those additions were deleted. Bonus liability required factual verification because the record was insufficient to confirm that it was an ascertained amount payable under the Payment of Bonus Act, so the matter was remitted to the Assessing Officer. Travelling, entertainment, and car and jeep expenses were disallowed for lack of reliable proof of business use, and the estimated disallowances were upheld. In contrast, stamp duty and guarantee fee or interest on loans for a running business were treated as revenue expenditure, so those disallowances were deleted. Case-Laws Income Tax Thu, 29 Jul 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68133