https://www.taxtmi.com/caselaws?id=22598 The direction for disallowance of Rs. 25,000 made by the Inspecting Assistant Commissioner was deemed invalid as it exceeded the defined statutory powers. The expenditure in question was held to be revenue in nature, similar to previous cases where such expenses were allowed. Consequently, the direction to disallow the expenditure was unsustainable. The assessee was entitled to the deduction, with the court ruling in favor of the assessee. No costs were awarded, and both judges concurred with the decision. en-us Mon, 05 Jun 1989 00:00:00 +0530 Fri, 11 Dec 2009 13:29:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=22598 The direction for disallowance of Rs. 25,000 made by the Inspecting Assistant Commissioner was deemed invalid as it exceeded the defined statutory powers. The expenditure in question was held to be revenue in nature, similar to previous cases where such expenses were allowed. Consequently, the direction to disallow the expenditure was unsustainable. The assessee was entitled to the deduction, with the court ruling in favor of the assessee. No costs were awarded, and both judges concurred with the decision. Case-Laws Income Tax Mon, 05 Jun 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=22598