https://www.taxtmi.com/caselaws?id=71669 The Tribunal allowed the appeal in part, setting aside the Assessing Officer's order on various grounds. It directed the Assessing Officer to re-examine issues such as depreciation on trucks, unabsorbed depreciation, expenses related to truck trips, interest on loans, and various additions based on findings during the search. The Tribunal emphasized the importance of considering the belated return filed by the assessee and instructed a fresh adjudication on multiple issues, requiring verification and re-evaluation based on submissions and evidence provided. en-us Wed, 11 Dec 2002 00:00:00 +0530 Tue, 26 Apr 2011 14:38:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71669 The Tribunal allowed the appeal in part, setting aside the Assessing Officer's order on various grounds. It directed the Assessing Officer to re-examine issues such as depreciation on trucks, unabsorbed depreciation, expenses related to truck trips, interest on loans, and various additions based on findings during the search. The Tribunal emphasized the importance of considering the belated return filed by the assessee and instructed a fresh adjudication on multiple issues, requiring verification and re-evaluation based on submissions and evidence provided. Case-Laws Income Tax Wed, 11 Dec 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71669