https://www.taxtmi.com/caselaws?id=66867 The Tribunal dismissed the Revenue's appeal on all grounds, upholding the CIT(A)'s decisions. The disallowance of expenses related to Mehta Sukhadi and tanker bharai, estimation of income from the tanker, disallowance of vehicle and telephone expenses, addition of Rs. 90,000 based on accounting method, disallowance of interest income from the sister concern, and charging of interest under section 215 of the Income-tax Act were all ruled in favor of the assessee due to the AO's arbitrary and unjustified actions. en-us Mon, 23 Aug 1993 00:00:00 +0530 Mon, 07 Mar 2011 17:50:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66867 The Tribunal dismissed the Revenue's appeal on all grounds, upholding the CIT(A)'s decisions. The disallowance of expenses related to Mehta Sukhadi and tanker bharai, estimation of income from the tanker, disallowance of vehicle and telephone expenses, addition of Rs. 90,000 based on accounting method, disallowance of interest income from the sister concern, and charging of interest under section 215 of the Income-tax Act were all ruled in favor of the assessee due to the AO's arbitrary and unjustified actions. Case-Laws Income Tax Mon, 23 Aug 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66867