https://www.taxtmi.com/caselaws?id=258622 The High Court dismissed the Revenue's appeal challenging the ITAT's order for the A.Y. 1991-92, where disallowances and additions to the assessee's income were made. The Court upheld the Tribunal's decisions on revenue expenditure, lease rent, and disallowance of interest on hire purchase, citing relevant case law and precedent. All three questions of law were decided in favor of the respondent-assessee, resulting in the appeal being dismissed with detailed reasoning provided in the judgment. en-us Tue, 23 Dec 2014 00:00:00 +0530 Thu, 16 Apr 2015 09:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=258622 The High Court dismissed the Revenue's appeal challenging the ITAT's order for the A.Y. 1991-92, where disallowances and additions to the assessee's income were made. The Court upheld the Tribunal's decisions on revenue expenditure, lease rent, and disallowance of interest on hire purchase, citing relevant case law and precedent. All three questions of law were decided in favor of the respondent-assessee, resulting in the appeal being dismissed with detailed reasoning provided in the judgment. Case-Laws Income Tax Tue, 23 Dec 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=258622