https://www.taxtmi.com/caselaws?id=58184 The Tribunal partly allowed the appeal, upholding or modifying various disallowances based on legal interpretations and precedents cited. The disallowance of sur-tax liability deduction was upheld, while disallowances under s. 80VV were partially allowed. The disallowance of wealth-tax liability deduction was upheld, but the disallowance of ex gratia amounts paid to employees was deleted. The Tribunal directed acceptance of the contribution to recognized provident fund and upheld the treatment of cash compensatory support as taxable income. The issue of charging interest under ss. 216 and 139(8) was deemed consequential and subject to further directions. en-us Tue, 30 Jul 1991 00:00:00 +0530 Sun, 06 Feb 2011 03:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58184 The Tribunal partly allowed the appeal, upholding or modifying various disallowances based on legal interpretations and precedents cited. The disallowance of sur-tax liability deduction was upheld, while disallowances under s. 80VV were partially allowed. The disallowance of wealth-tax liability deduction was upheld, but the disallowance of ex gratia amounts paid to employees was deleted. The Tribunal directed acceptance of the contribution to recognized provident fund and upheld the treatment of cash compensatory support as taxable income. The issue of charging interest under ss. 216 and 139(8) was deemed consequential and subject to further directions. Case-Laws Income Tax Tue, 30 Jul 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58184