https://www.taxtmi.com/caselaws?id=240393 The Tribunal provided relief to the assessees on various grounds. It directed the Assessing Officer to verify certain issues, such as the declaration of commission as salary income, the business purpose of interest on borrowed capital, and the nature of undisclosed investments. Additionally, it allowed certain claims based on legal precedents, such as the treatment of advances for business purposes as not constituting deemed dividends. en-us Thu, 31 Oct 2013 00:00:00 +0530 Tue, 31 May 2016 15:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240393 The Tribunal provided relief to the assessees on various grounds. It directed the Assessing Officer to verify certain issues, such as the declaration of commission as salary income, the business purpose of interest on borrowed capital, and the nature of undisclosed investments. Additionally, it allowed certain claims based on legal precedents, such as the treatment of advances for business purposes as not constituting deemed dividends. Case-Laws Income Tax Thu, 31 Oct 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240393