https://www.taxtmi.com/caselaws?id=63187 The Tribunal upheld the disallowance of expenditure on a diesel generator as capital in nature, disallowed excise duty under section 43B, upheld disallowance of payment to consultants due to lack of evidence, deleted disallowance of liaison work expenditure, directed re-computation of entertainment and gift expenses, allowed car and chowkidar expenses based on specific rules, included interest on fixed deposits as income, upheld capital gains computation on sale of plots, and confirmed miscellaneous disallowances. For the next assessment year, issues including scientific research and excise duty disallowances were reassessed. en-us Thu, 02 Jan 1992 00:00:00 +0530 Tue, 22 Feb 2011 14:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=63187 The Tribunal upheld the disallowance of expenditure on a diesel generator as capital in nature, disallowed excise duty under section 43B, upheld disallowance of payment to consultants due to lack of evidence, deleted disallowance of liaison work expenditure, directed re-computation of entertainment and gift expenses, allowed car and chowkidar expenses based on specific rules, included interest on fixed deposits as income, upheld capital gains computation on sale of plots, and confirmed miscellaneous disallowances. For the next assessment year, issues including scientific research and excise duty disallowances were reassessed. Case-Laws Income Tax Thu, 02 Jan 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=63187