https://www.taxtmi.com/caselaws?id=263661 The Court dismissed the appeal challenging the Tribunal's order on the Income Tax Act for Assessment Year 1994-95. It upheld the deletion of expenses on Voluntary Retirement Scheme, set aside an issue for further assessment, debated the exclusion of trade discount for deduction calculation, allowed partial rectification, and directed the Revenue to file a consolidated appeal for all issues. The decision highlighted the significance of evidence, procedural adherence, and strategic litigation approaches in income tax disputes. en-us Wed, 26 Aug 2015 00:00:00 +0530 Tue, 08 Sep 2015 10:27:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=263661 The Court dismissed the appeal challenging the Tribunal's order on the Income Tax Act for Assessment Year 1994-95. It upheld the deletion of expenses on Voluntary Retirement Scheme, set aside an issue for further assessment, debated the exclusion of trade discount for deduction calculation, allowed partial rectification, and directed the Revenue to file a consolidated appeal for all issues. The decision highlighted the significance of evidence, procedural adherence, and strategic litigation approaches in income tax disputes. Case-Laws Income Tax Wed, 26 Aug 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=263661