https://www.taxtmi.com/caselaws?id=196882 The appeals by the Revenue challenging the deletion of additions on grant and aid account and salary deduction for the assessment year 2003-04 were dismissed. The Tribunal upheld the decisions of the ld. CIT(A), allowing the deduction for salary expenses incurred for the purpose of business and affirming that expenditures should be incurred wholly and exclusively for the business or profession. Additionally, the Tribunal ruled that an appeal arising from a rectification order under section 154 would not be maintainable, leading to the dismissal of the Revenue's appeal in this regard as well. en-us Fri, 28 Jun 2013 00:00:00 +0530 Mon, 18 Dec 2017 12:03:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=196882 The appeals by the Revenue challenging the deletion of additions on grant and aid account and salary deduction for the assessment year 2003-04 were dismissed. The Tribunal upheld the decisions of the ld. CIT(A), allowing the deduction for salary expenses incurred for the purpose of business and affirming that expenditures should be incurred wholly and exclusively for the business or profession. Additionally, the Tribunal ruled that an appeal arising from a rectification order under section 154 would not be maintainable, leading to the dismissal of the Revenue's appeal in this regard as well. Case-Laws Income Tax Fri, 28 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=196882