https://www.taxtmi.com/caselaws?id=69325 The Tribunal partially allowed the appeal by deleting the disallowance of 1/3rd of car expenditure and directing the ITO to accept the loss of Rs. 18,310 under the bus transport business. However, the disallowance of the gratuity payment of Rs. 6,264 was upheld as capital expenditure. en-us Wed, 15 Oct 1980 00:00:00 +0530 Wed, 06 Apr 2011 12:22:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69325 The Tribunal partially allowed the appeal by deleting the disallowance of 1/3rd of car expenditure and directing the ITO to accept the loss of Rs. 18,310 under the bus transport business. However, the disallowance of the gratuity payment of Rs. 6,264 was upheld as capital expenditure. Case-Laws Income Tax Wed, 15 Oct 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69325