https://www.taxtmi.com/caselaws?id=61686 The Tribunal allowed the assessee's appeals on various issues, including disallowance of expenses on articles for presentation, addition in the valuation of closing stock of export goods in transit, disallowance of expenses for telephone installed at directors' residence, disallowance of foreign traveling expenses of directors' wives, computation of deduction under Section 80HHC, addition in respect of interest-free advances to sister concerns, deduction of proportionate management expenses out of dividend income for Section 80M, claim of pre-operative expenses in respect of CR Division, disallowance of Shagans paid to dealers, and disallowance of interest due and claimed to have been written off. The Tribunal directed the AO to make specific deletions and recomputations in line with its findings. en-us Wed, 21 Aug 2002 00:00:00 +0530 Thu, 13 Jan 2011 18:37:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61686 The Tribunal allowed the assessee's appeals on various issues, including disallowance of expenses on articles for presentation, addition in the valuation of closing stock of export goods in transit, disallowance of expenses for telephone installed at directors' residence, disallowance of foreign traveling expenses of directors' wives, computation of deduction under Section 80HHC, addition in respect of interest-free advances to sister concerns, deduction of proportionate management expenses out of dividend income for Section 80M, claim of pre-operative expenses in respect of CR Division, disallowance of Shagans paid to dealers, and disallowance of interest due and claimed to have been written off. The Tribunal directed the AO to make specific deletions and recomputations in line with its findings. Case-Laws Income Tax Wed, 21 Aug 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61686