https://www.taxtmi.com/caselaws?id=272654 A loss caused by employee embezzlement was treated as a business loss incidental to the conduct of trade and not as capital expenditure, so it was deductible in computing business income. Boarding expenses of servants and home-travel payments were treated as expenditure incurred to retain staff and improve business efficiency, so they were admissible business allowances. In an appeal against assessment, the appellate authority's power to enhance was confined to the subject-matter of the assessment already made by the Income-tax Officer; it could not introduce and assess a new source of income, as that would amount to a fresh assessment rather than an enhancement. en-us Thu, 15 Jan 1925 00:00:00 +0530 Thu, 10 May 2018 17:58:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272654 A loss caused by employee embezzlement was treated as a business loss incidental to the conduct of trade and not as capital expenditure, so it was deductible in computing business income. Boarding expenses of servants and home-travel payments were treated as expenditure incurred to retain staff and improve business efficiency, so they were admissible business allowances. In an appeal against assessment, the appellate authority's power to enhance was confined to the subject-matter of the assessment already made by the Income-tax Officer; it could not introduce and assess a new source of income, as that would amount to a fresh assessment rather than an enhancement. Case-Laws Income Tax Thu, 15 Jan 1925 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272654