https://www.taxtmi.com/caselaws?id=19880 The court held in favor of the assessee on all issues. Repair and reconstruction cess was allowed as a deduction under the Income-tax Act. Foreign traveling expenses were considered deductible business expenses. The professional fees for drafting an agreement were allowed as a deduction. Expenditure related to litigation on import duty was deemed admissible. The treatment of gratuity exempt under section 10(10) for disallowance under section 40A(5) was also in favor of the assessee. The reference was disposed of with no order as to costs. en-us Mon, 28 Mar 1994 00:00:00 +0530 Tue, 10 Nov 2009 13:24:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19880 The court held in favor of the assessee on all issues. Repair and reconstruction cess was allowed as a deduction under the Income-tax Act. Foreign traveling expenses were considered deductible business expenses. The professional fees for drafting an agreement were allowed as a deduction. Expenditure related to litigation on import duty was deemed admissible. The treatment of gratuity exempt under section 10(10) for disallowance under section 40A(5) was also in favor of the assessee. The reference was disposed of with no order as to costs. Case-Laws Income Tax Mon, 28 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19880