https://www.taxtmi.com/caselaws?id=187893 The Tribunal partially allowed the appeal, confirming the disallowances of depreciation and repairs on buildings while allowing the claims regarding the increase in directors' remuneration and foreign travel expenditure. The Tribunal upheld the disallowances related to depreciation and repairs for portions not used for business purposes but ruled in favor of the assessee concerning the increase in directors' remuneration and foreign travel expenditure, considering them justified and genuine for business purposes. en-us Fri, 28 Mar 2008 00:00:00 +0530 Thu, 10 Nov 2016 14:37:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187893 The Tribunal partially allowed the appeal, confirming the disallowances of depreciation and repairs on buildings while allowing the claims regarding the increase in directors' remuneration and foreign travel expenditure. The Tribunal upheld the disallowances related to depreciation and repairs for portions not used for business purposes but ruled in favor of the assessee concerning the increase in directors' remuneration and foreign travel expenditure, considering them justified and genuine for business purposes. Case-Laws Income Tax Fri, 28 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187893