https://www.taxtmi.com/caselaws?id=220599 The appeal involved disputes over the disallowance of professional fees, method of accounting, potential double taxation, outstanding expenses, disallowance under specific sections, and interest charges. The judgment favored the appellant in part, emphasizing the need for additional evidence, remand for fresh adjudication, and reliance on legal precedents. The decision highlighted inconsistencies in accounting methods and the importance of avoiding double taxation, leading to a partial allowance in favor of the appellant. en-us Fri, 09 Nov 2012 00:00:00 +0530 Fri, 01 Feb 2013 08:05:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220599 The appeal involved disputes over the disallowance of professional fees, method of accounting, potential double taxation, outstanding expenses, disallowance under specific sections, and interest charges. The judgment favored the appellant in part, emphasizing the need for additional evidence, remand for fresh adjudication, and reliance on legal precedents. The decision highlighted inconsistencies in accounting methods and the importance of avoiding double taxation, leading to a partial allowance in favor of the appellant. Case-Laws Income Tax Fri, 09 Nov 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220599