https://www.taxtmi.com/caselaws?id=28757 The court affirmed the tax concession and higher rebate on super-tax in favor of the assessee but denied the entitlement to a lower rate of tax under specific Finance Acts. Expenditure on repairs to buildings was allowed as revenue expenditure, while pension payments to widows of ex-directors were denied as business expenditure. The provision for sales tax liability was allowed as business expenditure, whereas the donation to a political party was denied. The court allowed the additional ground regarding payment to the central office and donations to schools as business expenditure. en-us Fri, 05 Mar 1982 00:00:00 +0530 Thu, 25 Feb 2010 14:59:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=28757 The court affirmed the tax concession and higher rebate on super-tax in favor of the assessee but denied the entitlement to a lower rate of tax under specific Finance Acts. Expenditure on repairs to buildings was allowed as revenue expenditure, while pension payments to widows of ex-directors were denied as business expenditure. The provision for sales tax liability was allowed as business expenditure, whereas the donation to a political party was denied. The court allowed the additional ground regarding payment to the central office and donations to schools as business expenditure. Case-Laws Income Tax Fri, 05 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=28757