https://www.taxtmi.com/caselaws?id=174952 The Tribunal partly allowed the appeal. It condoned a 43-month delay in filing the appeal, deleted the trading addition, and reversed the disallowance of interest and brokerage expenses. The Tribunal also reduced the disallowance on telephone, vehicle expenses, and depreciation from 20% to 10%. The validity of the assessment order under Section 143(3) and the charging of interest under Section 234B were upheld. en-us Fri, 16 May 2008 00:00:00 +0530 Sun, 10 Dec 2023 22:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=174952 The Tribunal partly allowed the appeal. It condoned a 43-month delay in filing the appeal, deleted the trading addition, and reversed the disallowance of interest and brokerage expenses. The Tribunal also reduced the disallowance on telephone, vehicle expenses, and depreciation from 20% to 10%. The validity of the assessment order under Section 143(3) and the charging of interest under Section 234B were upheld. Case-Laws Income Tax Fri, 16 May 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=174952