https://www.taxtmi.com/caselaws?id=62994 The Tribunal ruled in favor of the assessee on various issues including disallowance of perquisites to directors/employees, medical expenses treatment, unverified travelling expenses, excise duty on closing stock, building repair expenses, excise duty deduction, legal expenses, and penalty proceedings. The Tribunal directed relief on interest levies and allowed expenditure on technical know-how as revenue under section 37(1). The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. en-us Mon, 31 Jan 2000 00:00:00 +0530 Thu, 27 Jan 2011 11:17:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62994 The Tribunal ruled in favor of the assessee on various issues including disallowance of perquisites to directors/employees, medical expenses treatment, unverified travelling expenses, excise duty on closing stock, building repair expenses, excise duty deduction, legal expenses, and penalty proceedings. The Tribunal directed relief on interest levies and allowed expenditure on technical know-how as revenue under section 37(1). The assessee's appeal was partly allowed, and the Revenue's appeal was dismissed. Case-Laws Income Tax Mon, 31 Jan 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62994