https://www.taxtmi.com/caselaws?id=60048 The Tribunal concluded that sub-section (5) of section 37, inserted retrospectively from 1-4-1979, applied to the assessment year 1979-80. This led to the disallowance of guest-house expenses. The Tribunal rectified its original order to reflect this decision, disallowing the expenses amounting to Rs. 10,798. en-us Fri, 26 Apr 1985 00:00:00 +0530 Mon, 03 Jan 2011 15:06:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60048 The Tribunal concluded that sub-section (5) of section 37, inserted retrospectively from 1-4-1979, applied to the assessment year 1979-80. This led to the disallowance of guest-house expenses. The Tribunal rectified its original order to reflect this decision, disallowing the expenses amounting to Rs. 10,798. Case-Laws Income Tax Fri, 26 Apr 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60048