https://www.taxtmi.com/caselaws?id=22187 The court declined certain references on expenditure decisions by the Income-tax Appellate Tribunal, stating they were either factual findings or previously addressed. It found expenses on foreign tours and business activities rightly treated as revenue expenditure. Questions on specific expenses were not referred due to established principles and relief granted. Issues on depreciation, development rebate, and machinery rates were referred for detailed examination. Cash allowances to employees were deemed part of salary. Relief under section 80J was referred for assessment. Security deposits for cops were not considered income. The judgment emphasizes legal interpretation and precedent in tax matters. en-us Wed, 08 Aug 1990 00:00:00 +0530 Mon, 07 Dec 2009 18:38:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22187 The court declined certain references on expenditure decisions by the Income-tax Appellate Tribunal, stating they were either factual findings or previously addressed. It found expenses on foreign tours and business activities rightly treated as revenue expenditure. Questions on specific expenses were not referred due to established principles and relief granted. Issues on depreciation, development rebate, and machinery rates were referred for detailed examination. Cash allowances to employees were deemed part of salary. Relief under section 80J was referred for assessment. Security deposits for cops were not considered income. The judgment emphasizes legal interpretation and precedent in tax matters. Case-Laws Income Tax Wed, 08 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22187