https://www.taxtmi.com/caselaws?id=58960 A deduction for back-wage liability was denied because no accrued liability arose in the year, the amount was treated in the accounts as a reserve, and the Industrial Disputes Act did not itself create the immediate payment obligation claimed. Director's commission and related perquisites were brought within the section 40(c) disallowance framework and the disallowance was upheld. For business expenses, entertainment and death-anniversary outgoings were disallowed, authorised-capital filing fees were treated as capital expenditure, accommodation expenses were hit by the guest-house restriction, while club membership fee and factory pooja expenses were allowed as business expenditure and staff welfare. Interest under sections 139(8), 215 and 217 was held not independently appealable. en-us Tue, 01 Dec 1987 00:00:00 +0530 Thu, 23 Dec 2010 13:21:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=58960 A deduction for back-wage liability was denied because no accrued liability arose in the year, the amount was treated in the accounts as a reserve, and the Industrial Disputes Act did not itself create the immediate payment obligation claimed. Director's commission and related perquisites were brought within the section 40(c) disallowance framework and the disallowance was upheld. For business expenses, entertainment and death-anniversary outgoings were disallowed, authorised-capital filing fees were treated as capital expenditure, accommodation expenses were hit by the guest-house restriction, while club membership fee and factory pooja expenses were allowed as business expenditure and staff welfare. Interest under sections 139(8), 215 and 217 was held not independently appealable. Case-Laws Income Tax Tue, 01 Dec 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=58960