https://www.taxtmi.com/caselaws?id=176189 The Tribunal partly allowed the appeal of the assessee. The Tribunal dismissed the grounds related to exemption on the ground of mutuality and taxability of grants-in-aid received from the Government of India as not pressed. It allowed the claim for carry forward and set off of deficit from earlier years, directed the determination of deduction u/s 11(1)(a) by the Assessing Officer, allowed the expenses incurred outside India, upheld the disallowance of writing off advances to Indian Diamond Institute, and disallowed the interest for short deduction of taxes from salaried employees. The Tribunal directed the grant of consequential relief regarding the levy of interest u/s 139(8) and u/s 217. en-us Fri, 03 Oct 1997 00:00:00 +0530 Wed, 16 Dec 2015 14:47:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176189 The Tribunal partly allowed the appeal of the assessee. The Tribunal dismissed the grounds related to exemption on the ground of mutuality and taxability of grants-in-aid received from the Government of India as not pressed. It allowed the claim for carry forward and set off of deficit from earlier years, directed the determination of deduction u/s 11(1)(a) by the Assessing Officer, allowed the expenses incurred outside India, upheld the disallowance of writing off advances to Indian Diamond Institute, and disallowed the interest for short deduction of taxes from salaried employees. The Tribunal directed the grant of consequential relief regarding the levy of interest u/s 139(8) and u/s 217. Case-Laws Income Tax Fri, 03 Oct 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176189