2002 (7) TMI 25 - HC - Income Tax

Whether, on the facts and in the circumstances of the case, the Tribunal was right in law in holding that a sum of Rs. 8,000 out of the mess expenses incurred by the applicant for the purposes of the business were not allowable? - Whether, on the facts and in the circumstances of the case, the Tribunal had any material or any evidence in holding that the expenditure on consumption of stores and coal is disallowable to the extent of Rs. 30,000? - Whether, on the facts and in the circumstances of the case, the whether Tribunal had any material or evidence in disallowing a sum of Rs. 70,000 out of the expenditure under the head Consumption of hexine ? - A perusal of the order of the Tribunal shows that the finding of fact is not perverse, therefore, no interference is called for. - we answer all these three questions in the affirmative, i.e., in favour of the Revenue and against the assessee.

Summary

The High Court of Rajasthan upheld the Tribunal's decision regarding the disallowance of certain expenses incurred by the assessee for the assessment year 1975-76. The Tribunal had reduced the additions made by the Assessing Officer in relation to mess expenses, consumption of stores and coal, and consumption of hexine. The court found no reason to interfere with the Tribunal's findings, ruling in favor of the Revenue and against the assessee.