https://www.taxtmi.com/caselaws?id=27736 The court remitted the matter for fresh disposal due to inconsistencies and lack of clarity in the Tribunal's decisions regarding the allowance and disallowance of expenses under s. 57(iii) for the relevant assessment years. The judgment emphasized the importance of establishing a clear nexus between claimed expenses and income earned to ensure that only relevant and necessary expenses are allowed as deductions under s. 57(iii) of the Income Tax Act. en-us Tue, 25 Oct 1983 00:00:00 +0530 Mon, 15 Feb 2010 17:01:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27736 The court remitted the matter for fresh disposal due to inconsistencies and lack of clarity in the Tribunal's decisions regarding the allowance and disallowance of expenses under s. 57(iii) for the relevant assessment years. The judgment emphasized the importance of establishing a clear nexus between claimed expenses and income earned to ensure that only relevant and necessary expenses are allowed as deductions under s. 57(iii) of the Income Tax Act. Case-Laws Income Tax Tue, 25 Oct 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27736