https://www.taxtmi.com/caselaws?id=210874 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions. The deletion of the addition due to alleged suppression of job charges was affirmed, with a minor addition based on a higher gross profit rate. The disallowance of interest expenditure was deleted as the borrowed funds were used for business purposes. Additionally, part of the disallowance of various expenses was upheld, with car registration charges treated as capital expenditure. The Tribunal found that self-generated vouchers for other expenses were acceptable, leading to the overall dismissal of the Revenue's appeal. en-us Fri, 12 Feb 2010 00:00:00 +0530 Wed, 05 Jun 2013 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=210874 The Tribunal dismissed the Revenue's appeal, upholding the CIT(A)'s decisions. The deletion of the addition due to alleged suppression of job charges was affirmed, with a minor addition based on a higher gross profit rate. The disallowance of interest expenditure was deleted as the borrowed funds were used for business purposes. Additionally, part of the disallowance of various expenses was upheld, with car registration charges treated as capital expenditure. The Tribunal found that self-generated vouchers for other expenses were acceptable, leading to the overall dismissal of the Revenue's appeal. Case-Laws Income Tax Fri, 12 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=210874