https://www.taxtmi.com/caselaws?id=9680 The court ruled in favor of the assessee, a private limited company, in a case involving the allowance of production bonus and discount on sales for the assessment year 1985-86. The Tribunal's decision to allow the production bonus and discount on sales was upheld, as the production bonus was treated as part of regular wages and the discount on sales did not fall under the category of expenditure for sales promotion. The court found in favor of the assessee on both issues, disposing of the reference with no order as to costs. en-us Thu, 24 Nov 2005 00:00:00 +0530 Sun, 28 Jun 2009 19:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9680 The court ruled in favor of the assessee, a private limited company, in a case involving the allowance of production bonus and discount on sales for the assessment year 1985-86. The Tribunal's decision to allow the production bonus and discount on sales was upheld, as the production bonus was treated as part of regular wages and the discount on sales did not fall under the category of expenditure for sales promotion. The court found in favor of the assessee on both issues, disposing of the reference with no order as to costs. Case-Laws Income Tax Thu, 24 Nov 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9680