https://www.taxtmi.com/caselaws?id=68353 The Tribunal allowed the appeal in part, directing the deletion or adjustment of various contested additions and disallowances. The Tribunal ruled in favor of the assessee on issues such as the treatment of subsidy for depreciation, disallowance of expenses relating to earlier years, disallowance of telephone/telex expenses, addition under section 43B, excess bonus payment, and bogus deposit cash credit. The Tribunal also restricted the disallowance of general expenses to Rs. 1,500. Additionally, the Tribunal directed the AO to address outstanding issues regarding bank guarantee commission and unpaid incentive bonus in a separate application under section 154. en-us Mon, 18 Dec 2000 00:00:00 +0530 Sat, 03 Sep 2011 18:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68353 The Tribunal allowed the appeal in part, directing the deletion or adjustment of various contested additions and disallowances. The Tribunal ruled in favor of the assessee on issues such as the treatment of subsidy for depreciation, disallowance of expenses relating to earlier years, disallowance of telephone/telex expenses, addition under section 43B, excess bonus payment, and bogus deposit cash credit. The Tribunal also restricted the disallowance of general expenses to Rs. 1,500. Additionally, the Tribunal directed the AO to address outstanding issues regarding bank guarantee commission and unpaid incentive bonus in a separate application under section 154. Case-Laws Income Tax Mon, 18 Dec 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68353