https://www.taxtmi.com/caselaws?id=236829 The Tribunal partly allowed the appeal, directing the AO to re-examine and allow certain claims related to carry forward loss from trading in shares, bad debts, written-off sundry advances, and interest income. Disallowances regarding the decrease in stock valuation and prior period expenses were upheld. The Tribunal also allowed claims related to delayed payment to ESIC, depreciation on electrical fittings, and dividend income. Issues concerning taxation of interest income and miscellaneous income were remanded for further verification. The Tribunal did not adjudicate the issue of charging interest under section 234B. en-us Fri, 19 Apr 2013 00:00:00 +0530 Tue, 10 Sep 2013 08:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=236829 The Tribunal partly allowed the appeal, directing the AO to re-examine and allow certain claims related to carry forward loss from trading in shares, bad debts, written-off sundry advances, and interest income. Disallowances regarding the decrease in stock valuation and prior period expenses were upheld. The Tribunal also allowed claims related to delayed payment to ESIC, depreciation on electrical fittings, and dividend income. Issues concerning taxation of interest income and miscellaneous income were remanded for further verification. The Tribunal did not adjudicate the issue of charging interest under section 234B. Case-Laws Income Tax Fri, 19 Apr 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=236829