https://www.taxtmi.com/caselaws?id=9859 The High Court of Karnataka ruled in favor of the assessee, holding that repairs and insurance expenses for motor cars should be deductible under section 31 of the Income-tax Act, 1961, and not subject to disallowance under section 37(3A). The court emphasized that section 31 specifically addresses repairs and insurance of machinery, plant, or furniture used for business purposes, while section 37(3A) restricts deductions for specified expenditures exceeding a threshold. The decision clarified that expenses on motor car repairs and insurance fall under section 31 and are not covered by section 37(3A), affirming the Tribunal's ruling against the Revenue. en-us Fri, 27 Jan 2006 00:00:00 +0530 Thu, 02 Jul 2009 11:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=9859 The High Court of Karnataka ruled in favor of the assessee, holding that repairs and insurance expenses for motor cars should be deductible under section 31 of the Income-tax Act, 1961, and not subject to disallowance under section 37(3A). The court emphasized that section 31 specifically addresses repairs and insurance of machinery, plant, or furniture used for business purposes, while section 37(3A) restricts deductions for specified expenditures exceeding a threshold. The decision clarified that expenses on motor car repairs and insurance fall under section 31 and are not covered by section 37(3A), affirming the Tribunal's ruling against the Revenue. Case-Laws Income Tax Fri, 27 Jan 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=9859