https://www.taxtmi.com/caselaws?id=57037 The Tribunal dismissed the revenue's appeal and upheld the Commissioner (Appeals)'s decision to allow the deduction of Rs. 2,62,928 as a business expense. The Tribunal emphasized the importance of adhering to natural justice principles and the proper scope of authority under Section 144B. The payment was deemed necessary for maintaining production levels and was thus a legitimate business expense. en-us Sat, 26 Nov 1983 00:00:00 +0530 Wed, 08 Dec 2010 10:22:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=57037 The Tribunal dismissed the revenue's appeal and upheld the Commissioner (Appeals)'s decision to allow the deduction of Rs. 2,62,928 as a business expense. The Tribunal emphasized the importance of adhering to natural justice principles and the proper scope of authority under Section 144B. The payment was deemed necessary for maintaining production levels and was thus a legitimate business expense. Case-Laws Income Tax Sat, 26 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=57037