Court :
HC
Brief :
Held by the Hon`ble Court that, medical expenses of the managing director is not allowed under section 37(1).
Citation :
Mentha and Allied Products P. Ltd. Vs. C.I.T.
Deduction u/s 37
Mentha and Allied Products P. Ltd. Vs. C.I.T. 05/08/2007
[2007] 293 ITR 49 (All)
Case Fact: Whether, Medical expenses of managing director is allowed as deduction under section 37(1)?
Decision: Held by the Hon`ble Court that, medical expenses of the managing director is not allowed under section 37(1).
Judgement posted by
CA.Saibaburao Nanduri
Chartered Accountant
I am a commerce graduarte of Andhra University. Studied at HINDU COLLEGE, Guntur. Became FCA and started Practice under the name and style of M/s SAIBABU RAO CO I became Chairman of CA Institute, Guntur Branch, during the year 2008-09 My post qualifications are: Information Systems Audit DISA (ICAI) ... Read more
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