https://www.taxtmi.com/caselaws?id=207149 The Tribunal upheld the decision to delete the disallowance of labor expenses as genuine, noting the expenses were reasonable and in line with prior years. The Tribunal also ruled that share application money could not be treated as undisclosed income, following a Supreme Court precedent. The appeal was dismissed as no substantial legal questions were raised, affirming the Tribunal's decision. en-us Tue, 11 Jan 2011 00:00:00 +0530 Wed, 30 Nov 2011 08:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207149 The Tribunal upheld the decision to delete the disallowance of labor expenses as genuine, noting the expenses were reasonable and in line with prior years. The Tribunal also ruled that share application money could not be treated as undisclosed income, following a Supreme Court precedent. The appeal was dismissed as no substantial legal questions were raised, affirming the Tribunal's decision. Case-Laws Income Tax Tue, 11 Jan 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207149