https://www.taxtmi.com/caselaws?id=59381 The appeal was partly allowed with the deletion of disallowance of guest house maintenance expenses upheld, exemption u/s 10B granted, and deletion of disallowance under rule 6B sustained. The Tribunal found in favor of the assessee regarding the exemption u/s 10B, determining that the activities fell within the scope of section 10BB, satisfying the conditions for the exemption. The disallowance of guest house maintenance expenses was allowed as the expenses were to be disallowed under section 37(4) of the Act. The deletion of disallowance under rule 6B was upheld based on previous favorable decisions for the assessee. en-us Tue, 26 Aug 2008 00:00:00 +0530 Thu, 06 Jun 2013 14:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59381 The appeal was partly allowed with the deletion of disallowance of guest house maintenance expenses upheld, exemption u/s 10B granted, and deletion of disallowance under rule 6B sustained. The Tribunal found in favor of the assessee regarding the exemption u/s 10B, determining that the activities fell within the scope of section 10BB, satisfying the conditions for the exemption. The disallowance of guest house maintenance expenses was allowed as the expenses were to be disallowed under section 37(4) of the Act. The deletion of disallowance under rule 6B was upheld based on previous favorable decisions for the assessee. Case-Laws Income Tax Tue, 26 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59381