https://www.taxtmi.com/caselaws?id=217456 The appeal was partly allowed as the Appellate Tribunal upheld the assessee's accounting method for credit notes from Tata Tele Services Ltd., dismissed the addition of the credit balance with M/s. Johnson & Johnson Ltd., agreed that no interest liability should be disallowed on advances to M/s. Shree Jee Sales due to interest-free funds, and partially reinstated disallowances for staff welfare and traveling expenses citing lack of proper vouchers. The Tribunal concluded that the assessee's explanations and evidence supported the dismissal or partial allowance of the disputed grounds. en-us Mon, 16 Jul 2012 00:00:00 +0530 Mon, 15 Oct 2012 15:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=217456 The appeal was partly allowed as the Appellate Tribunal upheld the assessee's accounting method for credit notes from Tata Tele Services Ltd., dismissed the addition of the credit balance with M/s. Johnson & Johnson Ltd., agreed that no interest liability should be disallowed on advances to M/s. Shree Jee Sales due to interest-free funds, and partially reinstated disallowances for staff welfare and traveling expenses citing lack of proper vouchers. The Tribunal concluded that the assessee's explanations and evidence supported the dismissal or partial allowance of the disputed grounds. Case-Laws Income Tax Mon, 16 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=217456