https://www.taxtmi.com/caselaws?id=198599 The court ruled in favor of the Revenue regarding Guest House expenses, upholding disallowances under section 37(4) of the I.T. Act for certain items. The judgment also found in favor of the Revenue on Ash Disposal Expenses, considering previous court decisions and leaving the issue of Bonus expenses open for future consideration. Ultimately, the appeal was disposed of in favor of the Revenue, affirming disallowances on specific expenses while suggesting further review on certain aspects in suitable cases. en-us Tue, 29 Jan 2008 00:00:00 +0530 Mon, 05 Feb 2018 16:40:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=198599 The court ruled in favor of the Revenue regarding Guest House expenses, upholding disallowances under section 37(4) of the I.T. Act for certain items. The judgment also found in favor of the Revenue on Ash Disposal Expenses, considering previous court decisions and leaving the issue of Bonus expenses open for future consideration. Ultimately, the appeal was disposed of in favor of the Revenue, affirming disallowances on specific expenses while suggesting further review on certain aspects in suitable cases. Case-Laws Income Tax Tue, 29 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=198599