https://www.taxtmi.com/caselaws?id=187910 Expenditure already allowable under sections 30 and 31 was not to be disallowed again under section 37(3A), so driver's salary, motor-car tax, conference-related facilities and employee car reimbursements were partly excluded from the disallowance, subject to Rule 6D aggregation and verification. For sections 40A(5) and 40(c), house rent allowance within statutory limits was excluded, while medical reimbursement and several director-related benefits were included in the ceiling computation. Investment allowance was available on eligible leased machinery where ownership, leasing business use and the lessee's manufacturing use were satisfied, but items such as water coolers and non-qualifying test equipment were excluded. Terminal allowance, excise duty valuation and excess sales tax treatment were also addressed on the stated factual bases. en-us Tue, 18 Feb 1997 00:00:00 +0530 Thu, 10 Nov 2016 18:16:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187910 Expenditure already allowable under sections 30 and 31 was not to be disallowed again under section 37(3A), so driver's salary, motor-car tax, conference-related facilities and employee car reimbursements were partly excluded from the disallowance, subject to Rule 6D aggregation and verification. For sections 40A(5) and 40(c), house rent allowance within statutory limits was excluded, while medical reimbursement and several director-related benefits were included in the ceiling computation. Investment allowance was available on eligible leased machinery where ownership, leasing business use and the lessee's manufacturing use were satisfied, but items such as water coolers and non-qualifying test equipment were excluded. Terminal allowance, excise duty valuation and excess sales tax treatment were also addressed on the stated factual bases. Case-Laws Income Tax Tue, 18 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187910