https://www.taxtmi.com/caselaws?id=19979 The Tribunal upheld the taxability of remuneration as salary income for the director, validated the deletion of additions by the Appellate Assistant Commissioner, rejected the application of section 52(2) for capital loss, deemed medical reimbursements non-taxable, and clarified that contributing shares as capital did not result in taxable capital gains. The High Court largely favored the assessee, except for the capital gains issue. The reference was disposed of without costs. en-us Thu, 16 Sep 1993 00:00:00 +0530 Wed, 11 Nov 2009 10:11:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19979 The Tribunal upheld the taxability of remuneration as salary income for the director, validated the deletion of additions by the Appellate Assistant Commissioner, rejected the application of section 52(2) for capital loss, deemed medical reimbursements non-taxable, and clarified that contributing shares as capital did not result in taxable capital gains. The High Court largely favored the assessee, except for the capital gains issue. The reference was disposed of without costs. Case-Laws Income Tax Thu, 16 Sep 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19979