https://www.taxtmi.com/caselaws?id=67943 The Tribunal allowed the assessee's appeal regarding interest levied under section 201, disallowance of professional charges, and modification of claim under section 35B. The disallowance of car expenses was not discussed. The addition for foreign tour expenses was upheld, emphasizing the business purpose. The treatment of subsidy for depreciation and investment allowance was disallowed, but for section 80J, it was allowed after a specified period. The Tribunal partially allowed both appeals based on its analysis of the presented issues. en-us Wed, 03 Dec 1986 00:00:00 +0530 Tue, 15 Mar 2011 17:49:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67943 The Tribunal allowed the assessee's appeal regarding interest levied under section 201, disallowance of professional charges, and modification of claim under section 35B. The disallowance of car expenses was not discussed. The addition for foreign tour expenses was upheld, emphasizing the business purpose. The treatment of subsidy for depreciation and investment allowance was disallowed, but for section 80J, it was allowed after a specified period. The Tribunal partially allowed both appeals based on its analysis of the presented issues. Case-Laws Income Tax Wed, 03 Dec 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67943