https://www.taxtmi.com/caselaws?id=23500 The High Court ruled in favor of the assessee on all four issues. The Court allowed the deduction for the provision made for gratuity, considered amounts paid for medical expenses as not constituting perquisites, upheld the deductibility of the payment to British Oxygen Ltd., and allowed the bad debt claim as a business loss. The decision was based on legal precedents and a detailed analysis of the specific circumstances of the case. en-us Thu, 09 Mar 1989 00:00:00 +0530 Sat, 19 Dec 2009 17:40:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=23500 The High Court ruled in favor of the assessee on all four issues. The Court allowed the deduction for the provision made for gratuity, considered amounts paid for medical expenses as not constituting perquisites, upheld the deductibility of the payment to British Oxygen Ltd., and allowed the bad debt claim as a business loss. The decision was based on legal precedents and a detailed analysis of the specific circumstances of the case. Case-Laws Income Tax Thu, 09 Mar 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=23500