https://www.taxtmi.com/caselaws?id=212799 The Tribunal partly allowed the appeals, remanding several issues for fresh adjudication by the Assessing Officer. The Tribunal dismissed certain grounds, upheld others, and allowed some for statistical purposes, following legal precedents and statutory provisions. Issues such as valuation of closing stock, disallowance under Sections 14A and 40A(9), taxability of capital gains, deduction under Section 80HHC, computation of book profits, and applicability of interest were addressed, with decisions varying based on the specific circumstances and legal interpretations. en-us Thu, 29 Dec 2011 00:00:00 +0530 Wed, 25 Apr 2012 12:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212799 The Tribunal partly allowed the appeals, remanding several issues for fresh adjudication by the Assessing Officer. The Tribunal dismissed certain grounds, upheld others, and allowed some for statistical purposes, following legal precedents and statutory provisions. Issues such as valuation of closing stock, disallowance under Sections 14A and 40A(9), taxability of capital gains, deduction under Section 80HHC, computation of book profits, and applicability of interest were addressed, with decisions varying based on the specific circumstances and legal interpretations. Case-Laws Income Tax Thu, 29 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212799