https://www.taxtmi.com/caselaws?id=25788 The court ruled in favor of the Revenue, disallowing deductions for repairs of machinery and provision for overtime wages claimed by the assessee limited company. The Tribunal found that the repairs were unrelated to the current business activity of selling previously manufactured goods, thus not meeting the criteria for deduction under section 37(1) of the Income-tax Act, 1961. Additionally, the provision for overtime wages lacked substantiation of arising from a legal obligation during the relevant period. Consequently, the court upheld the Tribunal's decision, denying the deductions and awarding costs to the Revenue. en-us Thu, 12 Dec 1985 00:00:00 +0530 Sat, 30 Jan 2010 18:23:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25788 The court ruled in favor of the Revenue, disallowing deductions for repairs of machinery and provision for overtime wages claimed by the assessee limited company. The Tribunal found that the repairs were unrelated to the current business activity of selling previously manufactured goods, thus not meeting the criteria for deduction under section 37(1) of the Income-tax Act, 1961. Additionally, the provision for overtime wages lacked substantiation of arising from a legal obligation during the relevant period. Consequently, the court upheld the Tribunal's decision, denying the deductions and awarding costs to the Revenue. Case-Laws Income Tax Thu, 12 Dec 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25788