https://www.taxtmi.com/caselaws?id=68461 The appeal was partially allowed, with various issues being sent back to the Assessing Officer or CIT(A) for reconsideration. Some disallowances were removed based on prior Tribunal rulings. The Tribunal upheld certain disallowances as capital expenditure and limited the disallowance of entertainment expenses. The Tribunal also directed a fresh examination of the levy of interest under Section 234B and rejected the appeal on interest under Section 220(2) for not being raised at the CIT(A) level. en-us Tue, 06 Nov 2001 00:00:00 +0530 Wed, 30 Mar 2011 15:45:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68461 The appeal was partially allowed, with various issues being sent back to the Assessing Officer or CIT(A) for reconsideration. Some disallowances were removed based on prior Tribunal rulings. The Tribunal upheld certain disallowances as capital expenditure and limited the disallowance of entertainment expenses. The Tribunal also directed a fresh examination of the levy of interest under Section 234B and rejected the appeal on interest under Section 220(2) for not being raised at the CIT(A) level. Case-Laws Income Tax Tue, 06 Nov 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68461