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2011 (7) TMI 1179

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....r>Dated:- 22-7-2011<br>INCOME TAX APPEAL NO.4611 OF 2010 - -<br>Income Tax<br>J.P. DEVADHAR AND A.A.SAYED, JJ. Mr. J.D. Mistri, senior Advocate with A.K. Jasanii for the appellant. Mr. N.A. Kaz....

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.... the Tribunal was justified in disallowing expenditure on salary and other expenses amounting to Rs. 32,46,000/- even though the said expenditure was recorded in the books of account in the course of ....