https://www.taxtmi.com/caselaws?id=366171 The appeal of the assessee for the assessment year 2010-2011 was partly allowed, directing the AO to delete the addition for diminution in value of GOI Fertilizer Bonds. The appeal for the assessment year 2014-2015 was also allowed on similar grounds. The Revenue's appeal for the assessment year 2014-2015 was dismissed, affirming the allowability of school expenses incurred by the assessee for the welfare of employees under Section 37(1) of the Act. en-us Mon, 27 Aug 2018 00:00:00 +0530 Thu, 30 Aug 2018 08:04:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=366171 The appeal of the assessee for the assessment year 2010-2011 was partly allowed, directing the AO to delete the addition for diminution in value of GOI Fertilizer Bonds. The appeal for the assessment year 2014-2015 was also allowed on similar grounds. The Revenue's appeal for the assessment year 2014-2015 was dismissed, affirming the allowability of school expenses incurred by the assessee for the welfare of employees under Section 37(1) of the Act. Case-Laws Income Tax Mon, 27 Aug 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=366171