https://www.taxtmi.com/caselaws?id=11250 The High Court allowed the deduction for conveyance allowance and additional conveyance allowance as actually incurred by the assessee but disallowed the deduction for incentive bonus expenditure. The court held that since the assessee had incurred the expenditure in full, there was no income escaping assessment. The court referenced previous cases to support its decision and emphasized the significance of actual expenditure in determining eligibility for deductions. en-us Fri, 09 May 2003 00:00:00 +0530 Mon, 03 Aug 2009 09:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11250 The High Court allowed the deduction for conveyance allowance and additional conveyance allowance as actually incurred by the assessee but disallowed the deduction for incentive bonus expenditure. The court held that since the assessee had incurred the expenditure in full, there was no income escaping assessment. The court referenced previous cases to support its decision and emphasized the significance of actual expenditure in determining eligibility for deductions. Case-Laws Income Tax Fri, 09 May 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11250