S. 43(1) : Actual cost-Depreciation-Expenses on rent and under other heads incurred during construction of hotel building prior to commencement of business is to be capitalised and depreciation is allowable. [S. 32]

S. 40A(9) : Expenses or payments not deductible-Bonus to employees-Payments to external agencies for employees welfare-Allowable as deduction u/s. 37(1) of the Act. [S. 37(1)]

S. 40A(3) : Expenses or payments not deductible-Cash payments exceeding prescribed limits-Freight payments made to transporters for purchase of paddy-Disallowance sustained.

S. 40(b)(iv) : Amounts not deductible-Partner-Interest-Deed providing for payment of interest-Assessing Officer to calculate interest payable to partner in terms of section and directed to allow.

S. 40(a)(ii) : Amounts not deductible-Rates or tax-Education Cess-Allowable as business expenditure. [S. 37(1)]

S. 40(a)(ii) : Amounts not deductible-Rates or tax-Education Cess-Allowable as business expenditure. [S.37(1)]

S. 40(a)(ii) : Amounts not deductible-Rates or tax-Education Cess-Additional surcharge levied on Income-tax-Not deductible.

S. 40(a)(ii) : Amounts not deductible-Rates or tax-Education cess is not tax-Allowable expenditure. [S. 37(1)]

S. 40(a)(ia) : Amounts not deductible-Deduction at source-Amendment by Finance (No. 2) Act, 2014 limiting disallowance to 30 per cent. of sum payable-Cannot be applied to Assessment Year 2009-10-Disallowance sustained.

S. 40(a)(i) : Amounts not deductible-Deduction at source-Non-resident-Service rendered outside India-Fees for technical services-Not taxable in India-DTAA-India-Mauritius-Liability for tax deduction at source could not be fastened on basis of subsequent amendment to law with retrospective effect-Payment not liable to be disallowed for failure to deduct tax at source. [S. 9(1)(i), 9(1(vii), Art. 7, 22]