https://www.taxtmi.com/caselaws?id=64311 The Tribunal partly allowed the assessee's appeal and dismissed the Revenue's appeal. It upheld the CIT(A)'s decisions on computing profits from the industrial undertaking and allowing the deduction for bad debts written off by the assessee. The Tribunal modified the allocation method for certain expenses to ensure only those directly related to the industrial activity were considered for profit computation. en-us Tue, 21 Jan 2003 00:00:00 +0530 Thu, 08 Feb 2018 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64311 The Tribunal partly allowed the assessee's appeal and dismissed the Revenue's appeal. It upheld the CIT(A)'s decisions on computing profits from the industrial undertaking and allowing the deduction for bad debts written off by the assessee. The Tribunal modified the allocation method for certain expenses to ensure only those directly related to the industrial activity were considered for profit computation. Case-Laws Income Tax Tue, 21 Jan 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64311