https://www.taxtmi.com/caselaws?id=20395 The court ruled in favor of the Revenue regarding the deductibility of surtax liability and the classification of legal expenses for amalgamation as capital expenditure. However, the court favored the assessee on the appealability of interest u/s 214, classification of reimbursement of medical expenses and house rent allowance as perquisites, and the applicability of section 40A(5) to directors' remuneration. The decisions were based on established precedents cited in the judgment. en-us Wed, 31 Mar 1993 00:00:00 +0530 Fri, 13 Nov 2009 16:39:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20395 The court ruled in favor of the Revenue regarding the deductibility of surtax liability and the classification of legal expenses for amalgamation as capital expenditure. However, the court favored the assessee on the appealability of interest u/s 214, classification of reimbursement of medical expenses and house rent allowance as perquisites, and the applicability of section 40A(5) to directors' remuneration. The decisions were based on established precedents cited in the judgment. Case-Laws Income Tax Wed, 31 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20395