https://www.taxtmi.com/caselaws?id=12663 The court ruled in favor of the assessee on issues regarding the inclusion of medical and accident insurance premiums in disallowance, allowability of specific payments as deductions, justification of maintenance expenses disallowance, bank guarantee commission as revenue expenditure, and deductibility of expenditure for amalgamation proceedings. However, the court sided with the Revenue on the disallowance of remuneration to the managing director and inclusion of commission in disallowance. The court provided detailed analyses and disposed of the reference with no order as to costs. en-us Tue, 28 Aug 2001 00:00:00 +0530 Wed, 20 May 2009 18:22:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12663 The court ruled in favor of the assessee on issues regarding the inclusion of medical and accident insurance premiums in disallowance, allowability of specific payments as deductions, justification of maintenance expenses disallowance, bank guarantee commission as revenue expenditure, and deductibility of expenditure for amalgamation proceedings. However, the court sided with the Revenue on the disallowance of remuneration to the managing director and inclusion of commission in disallowance. The court provided detailed analyses and disposed of the reference with no order as to costs. Case-Laws Income Tax Tue, 28 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12663