https://www.taxtmi.com/caselaws?id=20739 The court disallowed the gratuity provision claim of the assessee, citing non-satisfaction of conditions under section 40A(7). The claim for depreciation on capital expenditure for scientific research was rejected, as the asset could not claim double deduction under both depreciation (section 32) and allowance (section 35(1)(iv)). The allowance of deduction in computing business income was also not upheld. The judgment favored the Revenue, ruling against the assessee on all issues, with no order as to costs. en-us Wed, 27 Jan 1993 00:00:00 +0530 Tue, 17 Nov 2009 10:05:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20739 The court disallowed the gratuity provision claim of the assessee, citing non-satisfaction of conditions under section 40A(7). The claim for depreciation on capital expenditure for scientific research was rejected, as the asset could not claim double deduction under both depreciation (section 32) and allowance (section 35(1)(iv)). The allowance of deduction in computing business income was also not upheld. The judgment favored the Revenue, ruling against the assessee on all issues, with no order as to costs. Case-Laws Income Tax Wed, 27 Jan 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20739