https://www.taxtmi.com/caselaws?id=27004 The court ruled in favor of the assessee on all seven issues related to income tax assessments. It held that accident insurance premium paid for directors was not a perquisite, rent paid for an institution qualified for deduction, the assessee was classified as an "industrial company," deductions applied for profits from a partnership, and specific rebates and deductions were allowed for inter-corporate dividends. The court's decisions were based on legal principles, precedents, and legislative provisions, providing detailed analyses for each issue. en-us Thu, 22 Nov 1984 00:00:00 +0530 Wed, 10 Feb 2010 11:09:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27004 The court ruled in favor of the assessee on all seven issues related to income tax assessments. It held that accident insurance premium paid for directors was not a perquisite, rent paid for an institution qualified for deduction, the assessee was classified as an "industrial company," deductions applied for profits from a partnership, and specific rebates and deductions were allowed for inter-corporate dividends. The court's decisions were based on legal principles, precedents, and legislative provisions, providing detailed analyses for each issue. Case-Laws Income Tax Thu, 22 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27004