https://www.taxtmi.com/caselaws?id=68516 The tribunal reversed the CIT(A)'s decisions on various additions and disallowances in the case. The appellant's contentions regarding writing off lease money and deferred revenue expenses, valuation of zinc concentrate, undervaluation of tungsten closing stock, depreciation of assets for a guest house, disallowance under section 40(a)(i) for proportionate deduction claimed under section 35AB, and expenditure being capital in nature were upheld by the tribunal. Relief was granted to the appellant in each of these issues, directing the AO to allow the necessary deductions and reversals as per previous orders. en-us Wed, 24 Apr 2002 00:00:00 +0530 Wed, 30 Mar 2011 17:54:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68516 The tribunal reversed the CIT(A)'s decisions on various additions and disallowances in the case. The appellant's contentions regarding writing off lease money and deferred revenue expenses, valuation of zinc concentrate, undervaluation of tungsten closing stock, depreciation of assets for a guest house, disallowance under section 40(a)(i) for proportionate deduction claimed under section 35AB, and expenditure being capital in nature were upheld by the tribunal. Relief was granted to the appellant in each of these issues, directing the AO to allow the necessary deductions and reversals as per previous orders. Case-Laws Income Tax Wed, 24 Apr 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68516