https://www.taxtmi.com/caselaws?id=207683 The Tribunal partly allowed the revenue's appeals, remitting certain issues back to the AO for further examination while upholding the CIT(A)'s decisions on various matters. Disallowances on bad debts write-off, entertainment expenses, inland travel expenses, and interest on loans diverted to directors were deleted. Deductions under section 80HHC were permitted, and relief on provisions for leave encashment was granted. The Tribunal directed the AO to exclude excise duty from total turnover for section 80HHC deduction. Interest charged under section 234B was deleted, subject to factual examination by the AO. en-us Fri, 19 Feb 2010 00:00:00 +0530 Wed, 21 Dec 2011 09:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=207683 The Tribunal partly allowed the revenue's appeals, remitting certain issues back to the AO for further examination while upholding the CIT(A)'s decisions on various matters. Disallowances on bad debts write-off, entertainment expenses, inland travel expenses, and interest on loans diverted to directors were deleted. Deductions under section 80HHC were permitted, and relief on provisions for leave encashment was granted. The Tribunal directed the AO to exclude excise duty from total turnover for section 80HHC deduction. Interest charged under section 234B was deleted, subject to factual examination by the AO. Case-Laws Income Tax Fri, 19 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=207683