https://www.taxtmi.com/caselaws?id=20687 The court ruled in favor of the assessee, allowing deductions for provident fund contributions for a director treated as an employee of the company. It also upheld the inclusion of expenditure on scientific research in computing capital employed and permitted claiming deductions under both section 35 and section 80J of the Income-tax Act, 1961. The court emphasized the distinctions between the nature and objectives of deductions under these sections, ultimately supporting the assessee's claims and providing clarity on the issues raised in the case. en-us Tue, 02 Mar 1993 00:00:00 +0530 Mon, 16 Nov 2009 15:47:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20687 The court ruled in favor of the assessee, allowing deductions for provident fund contributions for a director treated as an employee of the company. It also upheld the inclusion of expenditure on scientific research in computing capital employed and permitted claiming deductions under both section 35 and section 80J of the Income-tax Act, 1961. The court emphasized the distinctions between the nature and objectives of deductions under these sections, ultimately supporting the assessee's claims and providing clarity on the issues raised in the case. Case-Laws Income Tax Tue, 02 Mar 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20687