https://www.taxtmi.com/caselaws?id=24608 The court upheld the Tribunal's decision on the timing of deductions and the applicability of Board instructions under sections 36(1)(viii) and 40A(5) of the Income-tax Act. It was held that cash allowances should be included for disallowance of perquisites, and certain allowances exceeding 20% of salary and dearness allowance were disallowable. The judgment emphasized following relevant circulars issued by the Board and resolved the issues in favor of the assessee based on precedents. No costs were awarded in the case. en-us Wed, 11 Nov 1987 00:00:00 +0530 Thu, 21 Jan 2010 11:41:46 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24608 The court upheld the Tribunal's decision on the timing of deductions and the applicability of Board instructions under sections 36(1)(viii) and 40A(5) of the Income-tax Act. It was held that cash allowances should be included for disallowance of perquisites, and certain allowances exceeding 20% of salary and dearness allowance were disallowable. The judgment emphasized following relevant circulars issued by the Board and resolved the issues in favor of the assessee based on precedents. No costs were awarded in the case. Case-Laws Income Tax Wed, 11 Nov 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24608