https://www.taxtmi.com/caselaws?id=151693 Guest house expenses were held allowable because the Tribunal followed its own earlier decision in the assessee's case. Presentation articles were also allowed, as binding precedent treated items not meant for advertisement as outside disallowance under rule 6B. On excess realisation of levy sugar price and related interest, income accrued when the final price refixation and consequential notifications removed the contingency and vested the right to receive; the amount was therefore taxable in assessment year 1995-96. The appeal thus succeeded on the first two issues and failed on the third, leaving partial relief to the assessee. en-us Fri, 04 Aug 2006 00:00:00 +0530 Wed, 12 Jun 2013 15:49:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151693 Guest house expenses were held allowable because the Tribunal followed its own earlier decision in the assessee's case. Presentation articles were also allowed, as binding precedent treated items not meant for advertisement as outside disallowance under rule 6B. On excess realisation of levy sugar price and related interest, income accrued when the final price refixation and consequential notifications removed the contingency and vested the right to receive; the amount was therefore taxable in assessment year 1995-96. The appeal thus succeeded on the first two issues and failed on the third, leaving partial relief to the assessee. Case-Laws Income Tax Fri, 04 Aug 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151693