https://www.taxtmi.com/caselaws?id=77478 The High Court affirmed the decisions of the ITAT regarding new vehicle and handling charges, petrol expenses, interest-free advances, and undisclosed receipts. However, the High Court disagreed with the ITAT on discount and commission expenses, upholding the AO's disallowance due to inconsistencies and lack of evidence. The appeal was partially allowed, favoring the Revenue on the matter of discount and commission expenses. en-us Mon, 19 Jul 2010 00:00:00 +0530 Tue, 28 Jun 2011 18:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=77478 The High Court affirmed the decisions of the ITAT regarding new vehicle and handling charges, petrol expenses, interest-free advances, and undisclosed receipts. However, the High Court disagreed with the ITAT on discount and commission expenses, upholding the AO's disallowance due to inconsistencies and lack of evidence. The appeal was partially allowed, favoring the Revenue on the matter of discount and commission expenses. Case-Laws Income Tax Mon, 19 Jul 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=77478