https://www.taxtmi.com/caselaws?id=248242 Interest on application money for tax-free bonds from realisation until allotment falls within the exemption for tax-free bond interest. Expense claims involving prospecting, foreign exchange loss, debenture issues, welfare payments, office and travel costs, subsidiary advances, depreciation, investment allowance and limestone royalty are addressed by applying prior-year treatment, with allowance where established and fresh verification where necessary. Earlier years' expenses and mineral rights tax remain disallowed, while Revenue challenges to lunch coupons, service payments and worker incentives fail on prior-year precedent. Family planning expenditure is restricted to the extent attributable to welfare rather than fully allowed. en-us Fri, 16 May 2014 00:00:00 +0530 Mon, 02 Jun 2014 18:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=248242 Interest on application money for tax-free bonds from realisation until allotment falls within the exemption for tax-free bond interest. Expense claims involving prospecting, foreign exchange loss, debenture issues, welfare payments, office and travel costs, subsidiary advances, depreciation, investment allowance and limestone royalty are addressed by applying prior-year treatment, with allowance where established and fresh verification where necessary. Earlier years' expenses and mineral rights tax remain disallowed, while Revenue challenges to lunch coupons, service payments and worker incentives fail on prior-year precedent. Family planning expenditure is restricted to the extent attributable to welfare rather than fully allowed. Case-Laws Income Tax Fri, 16 May 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=248242