https://www.taxtmi.com/caselaws?id=178364 The tribunal's judgment in the case resulted in partial relief for the assessee, with several issues remanded for further examination by the Assessing Officer. The tribunal upheld disallowances on various grounds, including disallowance of expenditure on tax-free bonds and shares, loss on revaluation of investment in unquoted shares, and disallowance of deduction for payment of pension. The tribunal also confirmed additions for excess cash available with the assessee and surplus amount realized on the sale of pawned jewelry. The tribunal emphasized the importance of complying with legal provisions and providing factual substantiation for claims. en-us Thu, 30 Jun 2011 00:00:00 +0530 Wed, 03 Feb 2016 11:39:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178364 The tribunal's judgment in the case resulted in partial relief for the assessee, with several issues remanded for further examination by the Assessing Officer. The tribunal upheld disallowances on various grounds, including disallowance of expenditure on tax-free bonds and shares, loss on revaluation of investment in unquoted shares, and disallowance of deduction for payment of pension. The tribunal also confirmed additions for excess cash available with the assessee and surplus amount realized on the sale of pawned jewelry. The tribunal emphasized the importance of complying with legal provisions and providing factual substantiation for claims. Case-Laws Income Tax Thu, 30 Jun 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178364