https://www.taxtmi.com/caselaws?id=17709 The court held that remuneration exempt under Section 10(6)(viia) should be excluded from the ceiling limit under Section 40(c). Surtax liability is not an admissible deduction under the Income-tax Act. The assessee was not considered a company in which the public are substantially interested, thus entitled to a weighted deduction at 1 1/3 times of the expenditure. Remuneration exempt under Section 10(6)(viia) for a director-cum-foreign technician should not be included in the ceiling limit under Section 40(c). The court ruled in favor of the Revenue on the second, third, and fourth questions, and against the Revenue on the fifth question. Each party was awarded costs of Rs. 1,500. en-us Fri, 11 Apr 1997 00:00:00 +0530 Thu, 24 Sep 2009 12:49:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=17709 The court held that remuneration exempt under Section 10(6)(viia) should be excluded from the ceiling limit under Section 40(c). Surtax liability is not an admissible deduction under the Income-tax Act. The assessee was not considered a company in which the public are substantially interested, thus entitled to a weighted deduction at 1 1/3 times of the expenditure. Remuneration exempt under Section 10(6)(viia) for a director-cum-foreign technician should not be included in the ceiling limit under Section 40(c). The court ruled in favor of the Revenue on the second, third, and fourth questions, and against the Revenue on the fifth question. Each party was awarded costs of Rs. 1,500. Case-Laws Income Tax Fri, 11 Apr 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=17709