https://www.taxtmi.com/caselaws?id=67057 The appeal was partly allowed by the Appellate Tribunal. The Tribunal ruled in favor of the appellant regarding the unjustified addition in the trading account and the irregular charging of interest under section 217(1A) of the Act. However, certain expenses, including the cost of stamps for a partnership deed and a quarter of car expenses and depreciation, were disallowed or deemed excessive by the Tribunal. The donation made for business relations was allowed as a legitimate business expense. en-us Thu, 13 Oct 1983 00:00:00 +0530 Tue, 08 Mar 2011 18:32:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67057 The appeal was partly allowed by the Appellate Tribunal. The Tribunal ruled in favor of the appellant regarding the unjustified addition in the trading account and the irregular charging of interest under section 217(1A) of the Act. However, certain expenses, including the cost of stamps for a partnership deed and a quarter of car expenses and depreciation, were disallowed or deemed excessive by the Tribunal. The donation made for business relations was allowed as a legitimate business expense. Case-Laws Income Tax Thu, 13 Oct 1983 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67057