https://www.taxtmi.com/caselaws?id=67248 The Tribunal partly allowed the appeal, upholding the disallowance for advertisement expenditure in souvenirs and travelling expenses exceeding limits under rule 6D. However, it directed the assessing officer to recalculate the disallowance for interest on deposits based on the effective date of the floating charge, distinguishing between secured and unsecured deposits received before and after that date. en-us Wed, 12 Feb 1986 00:00:00 +0530 Wed, 09 Mar 2011 17:18:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67248 The Tribunal partly allowed the appeal, upholding the disallowance for advertisement expenditure in souvenirs and travelling expenses exceeding limits under rule 6D. However, it directed the assessing officer to recalculate the disallowance for interest on deposits based on the effective date of the floating charge, distinguishing between secured and unsecured deposits received before and after that date. Case-Laws Income Tax Wed, 12 Feb 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67248