https://www.taxtmi.com/caselaws?id=234135 The tribunal partly allowed the assessee's appeals for assessment years 1995-96 and 1996-97, confirming disallowances of telephone expenses at the guest house and third-party commission but allowing community welfare expenses and Modvat credit deletion. The tribunal directed the AO to delete additions for excise duty liability and contributions to welfare funds, while confirming deductions for club memberships and interest expenses. The revenue's appeals were partly allowed, with disallowances for cash payments and entertainment expenses reduced, and interest charges upheld. en-us Wed, 01 May 2013 00:00:00 +0530 Tue, 07 May 2013 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234135 The tribunal partly allowed the assessee's appeals for assessment years 1995-96 and 1996-97, confirming disallowances of telephone expenses at the guest house and third-party commission but allowing community welfare expenses and Modvat credit deletion. The tribunal directed the AO to delete additions for excise duty liability and contributions to welfare funds, while confirming deductions for club memberships and interest expenses. The revenue's appeals were partly allowed, with disallowances for cash payments and entertainment expenses reduced, and interest charges upheld. Case-Laws Income Tax Wed, 01 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234135