Daily allowance paid to employees are similar to hotel expenses for disallowance u/s. 37(3A) to 37(3D)

HIGH COURT OF ANDHRA PRADESH Novopan India Ltd. Versus Commissioner of Income-tax, Hyderabad RC NO. 58 OF 1997 DECEMBER 31, 2012 ORDER M.S. Ramachandra Rao, J. This Reference has been made by the Income Tax Appellate Tribunal, Hyderabad-A Bench, Hyderabad under Section 256 (1) of the Income Tax Act, 1961 (for short “the Act”) for the opinion of this Court on the following question of law arising out of its order dated 13.10.1995 in ITA No.687/Hyd/91 for the assessment year 1985-86 i.e. “Whether on the facts and in the circumstances of the case, the Hon’...