https://www.taxtmi.com/caselaws?id=22143 Cash allowances paid to employees by way of house rent allowance, entertainment allowance, telephone charges and similar payments were held not to constitute perquisites for the purposes of the disallowance provisions, so the assessee succeeded on that issue. Expenditure on insurance of stock and interest on bank overdrafts at an overseas branch opened to facilitate export sales was treated as maintenance outside India of a branch for promotion of sales outside India, bringing it within the weighted deduction provision. The assessee was therefore entitled to weighted deduction on that expenditure. en-us Wed, 27 Mar 1991 00:00:00 +0530 Mon, 07 Dec 2009 15:18:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22143 Cash allowances paid to employees by way of house rent allowance, entertainment allowance, telephone charges and similar payments were held not to constitute perquisites for the purposes of the disallowance provisions, so the assessee succeeded on that issue. Expenditure on insurance of stock and interest on bank overdrafts at an overseas branch opened to facilitate export sales was treated as maintenance outside India of a branch for promotion of sales outside India, bringing it within the weighted deduction provision. The assessee was therefore entitled to weighted deduction on that expenditure. Case-Laws Income Tax Wed, 27 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22143