https://www.taxtmi.com/caselaws?id=172666 The Tribunal allowed the appeal of the assessee in part. It directed the deletion of disallowances related to vehicle and telephone expenses due to lack of proper records, as well as prior period expenses. Additionally, it remitted the matter of adjusting carried forward book losses and depreciation for Minimum Alternate Tax (MAT) purposes back to the Assessing Officer for reconsideration, finding the methodology adopted by the Assessing Officer to be incorrect. en-us Wed, 30 Nov 2011 00:00:00 +0530 Thu, 27 Aug 2015 11:47:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=172666 The Tribunal allowed the appeal of the assessee in part. It directed the deletion of disallowances related to vehicle and telephone expenses due to lack of proper records, as well as prior period expenses. Additionally, it remitted the matter of adjusting carried forward book losses and depreciation for Minimum Alternate Tax (MAT) purposes back to the Assessing Officer for reconsideration, finding the methodology adopted by the Assessing Officer to be incorrect. Case-Laws Income Tax Wed, 30 Nov 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=172666