https://www.taxtmi.com/caselaws?id=64316 The appeal was partly allowed with various issues either decided in favor of the assessee or restored back to the AO for further examination based on previous year's orders and legal principles. The disallowance of expenditure for obtaining new contracts was deleted, and the addition on account of unpresented cheques was sent back to the AO for verification. The issue regarding misc. expenses in the paper unit was dismissed as not pressed, and the assessment of short-term capital gain in relation to the sale of factory land and building was restored to the AO for reconsideration. A general ground not pressed was also dismissed. en-us Wed, 11 Feb 2004 00:00:00 +0530 Mon, 07 Feb 2011 11:24:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64316 The appeal was partly allowed with various issues either decided in favor of the assessee or restored back to the AO for further examination based on previous year's orders and legal principles. The disallowance of expenditure for obtaining new contracts was deleted, and the addition on account of unpresented cheques was sent back to the AO for verification. The issue regarding misc. expenses in the paper unit was dismissed as not pressed, and the assessment of short-term capital gain in relation to the sale of factory land and building was restored to the AO for reconsideration. A general ground not pressed was also dismissed. Case-Laws Income Tax Wed, 11 Feb 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64316