https://www.taxtmi.com/caselaws?id=120957 The Tribunal dismissed several grounds against the assessee, including disallowances under sections 37(4) and 37(2A), and depreciation on residential premises. Issues related to lease rentals and investment allowance were remanded to the Assessing Officer for further consideration. Disallowances of stamp duty and share issue expenses were upheld based on precedent. The Tribunal accepted the assessee's arguments regarding interest expenditure and deduction under section 80M. The assessee's appeal for AY 1990-91 was partly allowed for statistical purposes, while appeals for AY 1991-92 and AY 1992-93 were dismissed. The revenue's appeal for AY 1990-91 was allowed for statistical purposes, and for AY 1992-93, it was dismissed. en-us Thu, 27 Sep 2007 00:00:00 +0530 Sat, 03 Feb 2024 12:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=120957 The Tribunal dismissed several grounds against the assessee, including disallowances under sections 37(4) and 37(2A), and depreciation on residential premises. Issues related to lease rentals and investment allowance were remanded to the Assessing Officer for further consideration. Disallowances of stamp duty and share issue expenses were upheld based on precedent. The Tribunal accepted the assessee's arguments regarding interest expenditure and deduction under section 80M. The assessee's appeal for AY 1990-91 was partly allowed for statistical purposes, while appeals for AY 1991-92 and AY 1992-93 were dismissed. The revenue's appeal for AY 1990-91 was allowed for statistical purposes, and for AY 1992-93, it was dismissed. Case-Laws Income Tax Thu, 27 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=120957