https://www.taxtmi.com/caselaws?id=236801 The Tribunal upheld several decisions of the CIT(A), including disallowance of foreign traveling expenses, guest house expenses, loss in trading, excess consumption of Heptene and Catalysts, low yield and GP addition, and disallowance of interest on cash balance. However, issues regarding depreciation on assets leased back and deduction u/s 80HHC were set aside for re-examination. The Revenue's appeals were partly allowed, and the Assessee's cross-objections were dismissed. en-us Fri, 17 May 2013 00:00:00 +0530 Mon, 09 Sep 2013 07:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236801 The Tribunal upheld several decisions of the CIT(A), including disallowance of foreign traveling expenses, guest house expenses, loss in trading, excess consumption of Heptene and Catalysts, low yield and GP addition, and disallowance of interest on cash balance. However, issues regarding depreciation on assets leased back and deduction u/s 80HHC were set aside for re-examination. The Revenue's appeals were partly allowed, and the Assessee's cross-objections were dismissed. Case-Laws Income Tax Fri, 17 May 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236801