https://www.taxtmi.com/caselaws?id=69536 The Tribunal allowed the appeal in part, granting the assessee relief of Rs. 5,77,505 out of the total addition of Rs. 6,90,231 made under section 69C. The Tribunal dismissed the Department's Cross Objection regarding the deletion of Rs. 1 lakh, upholding the apportionment of Rs. 12,726 to theatre construction and Rs. 6,77,505 to Housing Board contracts. The additions for interest on borrowings, income from the sale of empty gunny bags, and 10% profit on work done in the name of Manimaran were not specifically contested in the appeal summary. en-us Wed, 31 May 1989 00:00:00 +0530 Thu, 07 Apr 2011 15:01:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=69536 The Tribunal allowed the appeal in part, granting the assessee relief of Rs. 5,77,505 out of the total addition of Rs. 6,90,231 made under section 69C. The Tribunal dismissed the Department's Cross Objection regarding the deletion of Rs. 1 lakh, upholding the apportionment of Rs. 12,726 to theatre construction and Rs. 6,77,505 to Housing Board contracts. The additions for interest on borrowings, income from the sale of empty gunny bags, and 10% profit on work done in the name of Manimaran were not specifically contested in the appeal summary. Case-Laws Income Tax Wed, 31 May 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=69536