https://www.taxtmi.com/caselaws?id=37005 The disallowance of Rs. 9,000 out of the managing director's remuneration was deemed unjustified by the High Court, upholding the Tribunal's decision. However, the interpretation of section 84(2)(iv) regarding income-tax relief was found incorrect, requiring the Tribunal to reassess compliance based on the High Court's directives. The parties were instructed to bear their own costs. en-us Thu, 11 Jan 1979 00:00:00 +0530 Thu, 25 Mar 2010 18:27:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=37005 The disallowance of Rs. 9,000 out of the managing director's remuneration was deemed unjustified by the High Court, upholding the Tribunal's decision. However, the interpretation of section 84(2)(iv) regarding income-tax relief was found incorrect, requiring the Tribunal to reassess compliance based on the High Court's directives. The parties were instructed to bear their own costs. Case-Laws Income Tax Thu, 11 Jan 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=37005