https://www.taxtmi.com/caselaws?id=71822 The appeals in this case were partly successful. The disallowance of Molasses Storage Fund, sugarcane purchase tax, subscription to Deccan Sugar Institute, Ganesh Nidhi, and area development fund were allowed based on favorable legal precedents. However, the disallowance of contribution to education fund, guest house expenses, and preliminary expenses were rejected as they were not pressed by the counsel. Additionally, the attempt to change the nature of tear and wear written off as preliminary expenses was denied relief by the Tribunal. en-us Wed, 29 Mar 1995 00:00:00 +0530 Wed, 27 Apr 2011 12:33:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71822 The appeals in this case were partly successful. The disallowance of Molasses Storage Fund, sugarcane purchase tax, subscription to Deccan Sugar Institute, Ganesh Nidhi, and area development fund were allowed based on favorable legal precedents. However, the disallowance of contribution to education fund, guest house expenses, and preliminary expenses were rejected as they were not pressed by the counsel. Additionally, the attempt to change the nature of tear and wear written off as preliminary expenses was denied relief by the Tribunal. Case-Laws Income Tax Wed, 29 Mar 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71822