https://www.taxtmi.com/caselaws?id=242546 The High Court dismissed both the Cross Appeals filed by the assessee and the Department concerning the issues of deduction towards directors' salary, disallowance of travelling and telephone expenditure, and disallowance under section 40A(2) for the assessment year 2005-06. The Court emphasized the factual nature of estimation and disallowance decisions, citing relevant legal precedents, and declined to address the substantial questions of law raised in the appeals, leaving them for consideration in future cases. en-us Mon, 13 Jan 2014 00:00:00 +0530 Fri, 17 Jan 2014 11:15:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=242546 The High Court dismissed both the Cross Appeals filed by the assessee and the Department concerning the issues of deduction towards directors' salary, disallowance of travelling and telephone expenditure, and disallowance under section 40A(2) for the assessment year 2005-06. The Court emphasized the factual nature of estimation and disallowance decisions, citing relevant legal precedents, and declined to address the substantial questions of law raised in the appeals, leaving them for consideration in future cases. Case-Laws Income Tax Mon, 13 Jan 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=242546