https://www.taxtmi.com/caselaws?id=119106 The case involved issues regarding the disallowance of salary and leave travel allowance paid to service engineers, the claim of depreciation on plant and machinery, and the disallowance of the value of obsolete inventory and non-recoverable debts. The court upheld the disallowance of salary and leave travel allowance as the engineers were transferred to another company, denied the claim of depreciation pending further investigation, and allowed the deduction for obsolete inventory and non-recoverable debts. The outcome was that ITA No. 369 (Mad.)/98 was partly allowed, and ITA No. 370 (Mad.)/98 was allowed. en-us Mon, 14 Feb 2005 00:00:00 +0530 Mon, 09 Jul 2012 10:44:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=119106 The case involved issues regarding the disallowance of salary and leave travel allowance paid to service engineers, the claim of depreciation on plant and machinery, and the disallowance of the value of obsolete inventory and non-recoverable debts. The court upheld the disallowance of salary and leave travel allowance as the engineers were transferred to another company, denied the claim of depreciation pending further investigation, and allowed the deduction for obsolete inventory and non-recoverable debts. The outcome was that ITA No. 369 (Mad.)/98 was partly allowed, and ITA No. 370 (Mad.)/98 was allowed. Case-Laws Income Tax Mon, 14 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=119106