https://www.taxtmi.com/caselaws?id=59530 The Tribunal upheld the deletion of disallowances related to Voluntary Retirement Scheme (VRS) and ex gratia payments, unutilized MODVAT credit, entertainment expenses, Family Pension Fund contributions, exchange loss on raw material imports, but set aside the deletion of disallowance for shifting machineries. The Tribunal emphasized factual verification for expense deductions and compliance with legal principles. Further verification was directed for certain issues, ensuring accurate adjudication. en-us Fri, 30 Dec 2005 00:00:00 +0530 Thu, 30 Dec 2010 14:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=59530 The Tribunal upheld the deletion of disallowances related to Voluntary Retirement Scheme (VRS) and ex gratia payments, unutilized MODVAT credit, entertainment expenses, Family Pension Fund contributions, exchange loss on raw material imports, but set aside the deletion of disallowance for shifting machineries. The Tribunal emphasized factual verification for expense deductions and compliance with legal principles. Further verification was directed for certain issues, ensuring accurate adjudication. Case-Laws Income Tax Fri, 30 Dec 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=59530