https://www.taxtmi.com/caselaws?id=69636 The Tribunal partly allowed the appeal, ruling in favor of the assessee on disallowances under section 40(c) of the Income-tax Act, 1961. It excluded personal accident insurance from disallowance but included medical expenditure reimbursement as part of remuneration. Additionally, deductions under section 80VV were allowed for expenses related to determining liability under the Act, such as tax, penalty, or interest. Expenditure for contesting proceedings under section 163, which only declared the assessee as an agent without direct income tax liability, was not restricted by section 80VV and deemed allowable under section 37. en-us Mon, 28 Sep 1987 00:00:00 +0530 Mon, 11 Apr 2011 11:35:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69636 The Tribunal partly allowed the appeal, ruling in favor of the assessee on disallowances under section 40(c) of the Income-tax Act, 1961. It excluded personal accident insurance from disallowance but included medical expenditure reimbursement as part of remuneration. Additionally, deductions under section 80VV were allowed for expenses related to determining liability under the Act, such as tax, penalty, or interest. Expenditure for contesting proceedings under section 163, which only declared the assessee as an agent without direct income tax liability, was not restricted by section 80VV and deemed allowable under section 37. Case-Laws Income Tax Mon, 28 Sep 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69636