https://www.taxtmi.com/caselaws?id=178664 The ITAT dismissed both the assessee's and revenue's appeals, upholding the CIT (A)'s decisions on various issues including deduction of irrecoverable amounts related to chits, disallowance of foreman dividend, levy of interest under sections 234B and 234C, claim of bad debts, commission on canceled chits, royalty payment, and deduction towards PF and ESI contributions. The ITAT relied on precedents and judicial rulings, affirming the CIT (A)'s orders. en-us Fri, 24 Aug 2012 00:00:00 +0530 Mon, 09 Oct 2017 08:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178664 The ITAT dismissed both the assessee's and revenue's appeals, upholding the CIT (A)'s decisions on various issues including deduction of irrecoverable amounts related to chits, disallowance of foreman dividend, levy of interest under sections 234B and 234C, claim of bad debts, commission on canceled chits, royalty payment, and deduction towards PF and ESI contributions. The ITAT relied on precedents and judicial rulings, affirming the CIT (A)'s orders. Case-Laws Income Tax Fri, 24 Aug 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178664