https://www.taxtmi.com/caselaws?id=118018 The Tribunal partially allowed the appeal, granting relief on various grounds including disallowance of fees paid to the Registrar of Companies and stamp duty for issuing bonus shares, disallowance of expenditure on presentation articles, and exclusion of sales tax from total turnover for Section 80HHC deduction. However, it upheld the disallowance of contingent expenses and interest paid on borrowings for tax payment, remanding these issues for further review. The classification of interest on deposits with banks and exclusion of other income from total turnover were also subject to re-adjudication by the Assessing Officer. en-us Fri, 30 Jul 2004 00:00:00 +0530 Wed, 27 Jun 2012 18:18:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=118018 The Tribunal partially allowed the appeal, granting relief on various grounds including disallowance of fees paid to the Registrar of Companies and stamp duty for issuing bonus shares, disallowance of expenditure on presentation articles, and exclusion of sales tax from total turnover for Section 80HHC deduction. However, it upheld the disallowance of contingent expenses and interest paid on borrowings for tax payment, remanding these issues for further review. The classification of interest on deposits with banks and exclusion of other income from total turnover were also subject to re-adjudication by the Assessing Officer. Case-Laws Income Tax Fri, 30 Jul 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=118018