https://www.taxtmi.com/caselaws?id=21640 The court held that the provision for unavailed leave salary deduction question was not pressed by the Revenue, so it remained unanswered. Regarding the admissibility of arrears of urban land tax, the court deemed it allowable as an expenditure for the assessment year 1973-74. In the case of notice pay to voluntarily retired workers, the court allowed the expenditure, considering it necessary for maintaining good employee relations and business expediency. The court ruled in favor of the assessee, citing a Supreme Court case, and answered the third question affirmatively against the Revenue, with no costs ordered. en-us Fri, 12 Jul 1991 00:00:00 +0530 Thu, 26 Nov 2009 12:28:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=21640 The court held that the provision for unavailed leave salary deduction question was not pressed by the Revenue, so it remained unanswered. Regarding the admissibility of arrears of urban land tax, the court deemed it allowable as an expenditure for the assessment year 1973-74. In the case of notice pay to voluntarily retired workers, the court allowed the expenditure, considering it necessary for maintaining good employee relations and business expediency. The court ruled in favor of the assessee, citing a Supreme Court case, and answered the third question affirmatively against the Revenue, with no costs ordered. Case-Laws Income Tax Fri, 12 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=21640