https://www.taxtmi.com/caselaws?id=250173 The court ruled in favor of the Assessee regarding the deduction under section 80V of the Income Tax Act, allowing the interest paid on deposits as a deduction. However, in the interpretation of Rule 6D of the Income Tax Rules concerning employee travel expenditure, the court sided with the Revenue, directing that disallowance should be based on total expenditure incurred by an employee throughout the year, not separately for each trip. The reference was disposed of with no order as to costs. en-us Fri, 01 Aug 2014 00:00:00 +0530 Tue, 05 Aug 2014 01:44:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250173 The court ruled in favor of the Assessee regarding the deduction under section 80V of the Income Tax Act, allowing the interest paid on deposits as a deduction. However, in the interpretation of Rule 6D of the Income Tax Rules concerning employee travel expenditure, the court sided with the Revenue, directing that disallowance should be based on total expenditure incurred by an employee throughout the year, not separately for each trip. The reference was disposed of with no order as to costs. Case-Laws Income Tax Fri, 01 Aug 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250173