https://www.taxtmi.com/caselaws?id=58784 The appeal was dismissed by the ITAT. The CIT(A)'s decision to allow building and miscellaneous repair expenses under sec. 37 was upheld, emphasizing their revenue nature and business necessity. Additionally, the productivity incentive bonus disallowed by the ITO was allowed, considering it as wages for increased output and exceeding the Bonus Act's limit per an agreement with the employees' union. The judgment clarifies the criteria for allowing expenses under different sections of the Income Tax Act. en-us Sat, 04 Apr 1987 00:00:00 +0530 Wed, 22 Dec 2010 11:45:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58784 The appeal was dismissed by the ITAT. The CIT(A)'s decision to allow building and miscellaneous repair expenses under sec. 37 was upheld, emphasizing their revenue nature and business necessity. Additionally, the productivity incentive bonus disallowed by the ITO was allowed, considering it as wages for increased output and exceeding the Bonus Act's limit per an agreement with the employees' union. The judgment clarifies the criteria for allowing expenses under different sections of the Income Tax Act. Case-Laws Income Tax Sat, 04 Apr 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58784