https://www.taxtmi.com/caselaws?id=58244 Rule 6D(1) was treated as applicable to foreign travel expenditure, so the related weighted deduction issue under section 35B required fresh consideration on remand. Depreciation on an air-conditioner fitted in a car was limited to 15%, as it was not shown to be an integral part of the vehicle's machinery. Section 38(2) did not justify curtailing depreciation merely because business use covered only part of the year; full depreciation remained allowable if the asset was used during the year. Interest on borrowings used to pay tax under the Voluntary Disclosure of Income and Wealth Act was held deductible under section 80V, and an ad hoc disallowance of conveyance and miscellaneous es was set aside for lack of supporting reasons. en-us Sat, 19 Nov 1983 00:00:00 +0530 Sat, 18 Dec 2010 11:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58244 Rule 6D(1) was treated as applicable to foreign travel expenditure, so the related weighted deduction issue under section 35B required fresh consideration on remand. Depreciation on an air-conditioner fitted in a car was limited to 15%, as it was not shown to be an integral part of the vehicle's machinery. Section 38(2) did not justify curtailing depreciation merely because business use covered only part of the year; full depreciation remained allowable if the asset was used during the year. Interest on borrowings used to pay tax under the Voluntary Disclosure of Income and Wealth Act was held deductible under section 80V, and an ad hoc disallowance of conveyance and miscellaneous es was set aside for lack of supporting reasons. Case-Laws Income Tax Sat, 19 Nov 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58244