https://www.taxtmi.com/caselaws?id=69360 The appeal was partly allowed. The Tribunal directed revisions in the inclusion of income in the firm's total income, deleted the disallowance of the driver's salary based on previous orders, restricted disallowances on certain expenses, deleted the disallowance of 50% of club subscription, rejected the objection on credit for advance tax, and instructed a reevaluation of capital gains based on actual sale price received. Specific directions were provided for each issue raised. en-us Tue, 16 Mar 1982 00:00:00 +0530 Wed, 06 Apr 2011 13:22:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69360 The appeal was partly allowed. The Tribunal directed revisions in the inclusion of income in the firm's total income, deleted the disallowance of the driver's salary based on previous orders, restricted disallowances on certain expenses, deleted the disallowance of 50% of club subscription, rejected the objection on credit for advance tax, and instructed a reevaluation of capital gains based on actual sale price received. Specific directions were provided for each issue raised. Case-Laws Income Tax Tue, 16 Mar 1982 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69360