https://www.taxtmi.com/caselaws?id=247043 The High Court dismissed the appeal on the disallowance of sales tax set off under Section 43B of the Income Tax Act, stating it was not a substantial question of law. The Court allowed the assessee's change in stand on disallowance under Section 37(2A) and inclusion of medical expenses in disallowance under Section 40A(5). The disallowance for staff get-togethers under Section 37(2A) was upheld, as was the consideration of net foreign exchange under Section 80HHC. The deduction of distribution costs under Section 80HHC was also affirmed, with the appeal partially allowed and no costs ordered. en-us Tue, 01 Apr 2014 00:00:00 +0530 Tue, 29 Apr 2014 18:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=247043 The High Court dismissed the appeal on the disallowance of sales tax set off under Section 43B of the Income Tax Act, stating it was not a substantial question of law. The Court allowed the assessee's change in stand on disallowance under Section 37(2A) and inclusion of medical expenses in disallowance under Section 40A(5). The disallowance for staff get-togethers under Section 37(2A) was upheld, as was the consideration of net foreign exchange under Section 80HHC. The deduction of distribution costs under Section 80HHC was also affirmed, with the appeal partially allowed and no costs ordered. Case-Laws Income Tax Tue, 01 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=247043