https://www.taxtmi.com/caselaws?id=377635 The court ruled in favor of the assessee on various issues, including upholding the deduction of club expenses, allowing provision for royalty payment, and interfering with disallowances on inter-corporate deposit interest rates. The court also found no diversion of funds in commission payments, upheld the decision on defective tyre sales, restricted general expenses disallowance, and upheld rent payments for non-business purposes. The court dismissed the Revenue's appeal, stating it lacked substantial questions of law for interference under the Income Tax Act. en-us Wed, 13 Mar 2019 00:00:00 +0530 Fri, 06 Sep 2019 10:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377635 The court ruled in favor of the assessee on various issues, including upholding the deduction of club expenses, allowing provision for royalty payment, and interfering with disallowances on inter-corporate deposit interest rates. The court also found no diversion of funds in commission payments, upheld the decision on defective tyre sales, restricted general expenses disallowance, and upheld rent payments for non-business purposes. The court dismissed the Revenue's appeal, stating it lacked substantial questions of law for interference under the Income Tax Act. Case-Laws Income Tax Wed, 13 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377635