https://www.taxtmi.com/caselaws?id=26297 The court ruled in favor of the Revenue regarding the entitlement to extra shift allowance for machineries added during previous years, limiting the allowance to individual machineries used during extra shifts. However, the court allowed deduction for fluctuations in exchange rates and provision for gratuity, while directing the Tribunal to reconsider the disallowance of reimbursement of medical expenses as 'perquisites'. The court also decided in favor of excluding machinery not put to use from the 'capital base' for relief calculation. Both parties were granted oral leave to appeal to the Supreme Court on specific issues. en-us Tue, 24 Apr 1984 00:00:00 +0530 Thu, 04 Feb 2010 10:57:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26297 The court ruled in favor of the Revenue regarding the entitlement to extra shift allowance for machineries added during previous years, limiting the allowance to individual machineries used during extra shifts. However, the court allowed deduction for fluctuations in exchange rates and provision for gratuity, while directing the Tribunal to reconsider the disallowance of reimbursement of medical expenses as 'perquisites'. The court also decided in favor of excluding machinery not put to use from the 'capital base' for relief calculation. Both parties were granted oral leave to appeal to the Supreme Court on specific issues. Case-Laws Income Tax Tue, 24 Apr 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26297