https://www.taxtmi.com/caselaws?id=16069 Binding precedent supported full deduction of the initial contribution to a superannuation fund despite a CBDT notification. It also required disallowance of remuneration and perquisites paid to employee directors to be computed under section 40(c), rather than section 40A(5), of the Income-tax Act. The governing principle is that identical questions of law must be resolved consistently with settled High Court and Supreme Court precedent. en-us Mon, 07 Jul 1997 00:00:00 +0530 Mon, 31 Aug 2009 17:43:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16069 Binding precedent supported full deduction of the initial contribution to a superannuation fund despite a CBDT notification. It also required disallowance of remuneration and perquisites paid to employee directors to be computed under section 40(c), rather than section 40A(5), of the Income-tax Act. The governing principle is that identical questions of law must be resolved consistently with settled High Court and Supreme Court precedent. Case-Laws Income Tax Mon, 07 Jul 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16069