https://www.taxtmi.com/caselaws?id=26545 The High Court upheld the Tribunal's decision to allow the deduction of transport expenses beyond the ex-factory gate price under rule 7 of the Income-tax Rules, 1962. The Court emphasized that such expenses were related to the business activity of the assessee and were therefore allowable as deductions. The judgment was delivered in favor of the assessee, with no order as to costs. en-us Mon, 21 Apr 1986 00:00:00 +0530 Fri, 05 Feb 2010 16:43:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26545 The High Court upheld the Tribunal's decision to allow the deduction of transport expenses beyond the ex-factory gate price under rule 7 of the Income-tax Rules, 1962. The Court emphasized that such expenses were related to the business activity of the assessee and were therefore allowable as deductions. The judgment was delivered in favor of the assessee, with no order as to costs. Case-Laws Income Tax Mon, 21 Apr 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26545