https://www.taxtmi.com/caselaws?id=71697 The Tribunal allowed the appeal in part. It held that the change in the method of valuation of closing stock was justified, deleting the addition of Rs. 5,29,700. The disallowance of Rs. 8,753 under Rule 6B was also deleted. However, the claims related to revenue receipts, revenue expenditure, deduction u/s 80HHC, and interest deductions were dismissed. The Tribunal remanded certain items for verification and deemed others ineligible for deduction. Challenges to interest charges under sections 234A and 234B were also dismissed. Overall, the appeal was partly allowed. en-us Wed, 22 Sep 1999 00:00:00 +0530 Tue, 26 Apr 2011 16:43:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71697 The Tribunal allowed the appeal in part. It held that the change in the method of valuation of closing stock was justified, deleting the addition of Rs. 5,29,700. The disallowance of Rs. 8,753 under Rule 6B was also deleted. However, the claims related to revenue receipts, revenue expenditure, deduction u/s 80HHC, and interest deductions were dismissed. The Tribunal remanded certain items for verification and deemed others ineligible for deduction. Challenges to interest charges under sections 234A and 234B were also dismissed. Overall, the appeal was partly allowed. Case-Laws Income Tax Wed, 22 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71697