https://www.taxtmi.com/caselaws?id=9482 The High Court ruled in favor of the Revenue regarding the disallowance of travelling expenses under rule 6D of the Income-tax Rules, stating that expenses should be considered trip-wise for each individual employee. Conversely, the Court sided with the assessee on the entitlement to investment allowance on computers, deeming them eligible for investment allowance as scientific apparatus crucial for business activities. The Court upheld the decisions of the lower authorities, ultimately disposing of the reference in favor of the assessee on the second issue. en-us Thu, 26 Feb 2004 00:00:00 +0530 Fri, 20 Jan 2012 13:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9482 The High Court ruled in favor of the Revenue regarding the disallowance of travelling expenses under rule 6D of the Income-tax Rules, stating that expenses should be considered trip-wise for each individual employee. Conversely, the Court sided with the assessee on the entitlement to investment allowance on computers, deeming them eligible for investment allowance as scientific apparatus crucial for business activities. The Court upheld the decisions of the lower authorities, ultimately disposing of the reference in favor of the assessee on the second issue. Case-Laws Income Tax Thu, 26 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9482