https://www.taxtmi.com/caselaws?id=27739 The court ruled against the assessee, affirming the Income Tax Officer's disallowance of excessive travelling expenses claimed by the managing director. It held that Rule 6D of the Income Tax Rules, 1962 applies to managing directors, rejecting the Tribunal's interpretation that directors were exempt. The court emphasized the insignificance of Circular No. 2(44)-CL-VII/74, stating that it lacked statutory authority under the Income Tax Act or Rules and could not override statutory provisions. The judgment clarified the broad application of Rule 6D and upheld the primacy of statutory provisions over circulars in tax matters. en-us Mon, 25 Jun 1984 00:00:00 +0530 Mon, 15 Feb 2010 17:07:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=27739 The court ruled against the assessee, affirming the Income Tax Officer's disallowance of excessive travelling expenses claimed by the managing director. It held that Rule 6D of the Income Tax Rules, 1962 applies to managing directors, rejecting the Tribunal's interpretation that directors were exempt. The court emphasized the insignificance of Circular No. 2(44)-CL-VII/74, stating that it lacked statutory authority under the Income Tax Act or Rules and could not override statutory provisions. The judgment clarified the broad application of Rule 6D and upheld the primacy of statutory provisions over circulars in tax matters. Case-Laws Income Tax Mon, 25 Jun 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=27739