https://www.taxtmi.com/caselaws?id=19814 The court ruled in favor of the Revenue and against the assessee on the deductibility of surtax liability, reimbursement of medical expenses to directors, expenditure for the issue of bonus shares, and premium paid for deferred annuity policies on directors' lives. However, the court ruled in favor of the assessee and against the Revenue on the payment made to the Gujarat Steel Tubes Employees' Welfare Fund, considering it as paid within the relevant assessment year. The reference was disposed of with no order as to costs. en-us Wed, 20 Oct 1993 00:00:00 +0530 Mon, 09 Nov 2009 18:16:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19814 The court ruled in favor of the Revenue and against the assessee on the deductibility of surtax liability, reimbursement of medical expenses to directors, expenditure for the issue of bonus shares, and premium paid for deferred annuity policies on directors' lives. However, the court ruled in favor of the assessee and against the Revenue on the payment made to the Gujarat Steel Tubes Employees' Welfare Fund, considering it as paid within the relevant assessment year. The reference was disposed of with no order as to costs. Case-Laws Income Tax Wed, 20 Oct 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19814