https://www.taxtmi.com/caselaws?id=56403 The Tribunal dismissed the Revenue's appeal, upholding that the income of "Bharat Trust" should be assessed under Section 161(1) and not at the maximum marginal rate under Section 164(1). Additionally, the Tribunal upheld the deductions for advertisement and bonus expenses as allowed by the appellate authority. en-us Wed, 16 Nov 1994 00:00:00 +0530 Fri, 03 Dec 2010 14:31:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=56403 The Tribunal dismissed the Revenue's appeal, upholding that the income of "Bharat Trust" should be assessed under Section 161(1) and not at the maximum marginal rate under Section 164(1). Additionally, the Tribunal upheld the deductions for advertisement and bonus expenses as allowed by the appellate authority. Case-Laws Income Tax Wed, 16 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=56403