https://www.taxtmi.com/caselaws?id=14460 The court ruled in favor of the assessee regarding the allowance of royalty paid to Mettur Beardsell Ltd. for enhancing cloth properties. However, the court disallowed the reimbursement claim for medical expenses paid to the managing director. The court allowed the deletion of disallowance of guest house expenses but denied the claim for depreciation on dead stock and furniture. The final outcome favored the assessee on the royalty payment issue and guest house expenses but ruled against them on medical expense reimbursement and depreciation claims. en-us Tue, 05 Sep 2000 00:00:00 +0530 Thu, 16 Jul 2009 10:57:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14460 The court ruled in favor of the assessee regarding the allowance of royalty paid to Mettur Beardsell Ltd. for enhancing cloth properties. However, the court disallowed the reimbursement claim for medical expenses paid to the managing director. The court allowed the deletion of disallowance of guest house expenses but denied the claim for depreciation on dead stock and furniture. The final outcome favored the assessee on the royalty payment issue and guest house expenses but ruled against them on medical expense reimbursement and depreciation claims. Case-Laws Income Tax Tue, 05 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14460