https://www.taxtmi.com/caselaws?id=271897 The appellate tribunal partially allowed the appeal, addressing issues related to disallowed expenses for diesel and lubricants, income estimation at specific rates, deductions for interest and remuneration payments to partners, and the revision of interest charges under sections 234A and 234B. The tribunal emphasized the lack of evidence for expenses, directed profit estimation based on specified rates, allowed deductions for interest and remuneration payments to partners, and revised interest charges based on the computed liability. en-us Fri, 22 Jan 2016 00:00:00 +0530 Sat, 20 Feb 2016 10:21:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271897 The appellate tribunal partially allowed the appeal, addressing issues related to disallowed expenses for diesel and lubricants, income estimation at specific rates, deductions for interest and remuneration payments to partners, and the revision of interest charges under sections 234A and 234B. The tribunal emphasized the lack of evidence for expenses, directed profit estimation based on specified rates, allowed deductions for interest and remuneration payments to partners, and revised interest charges based on the computed liability. Case-Laws Income Tax Fri, 22 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271897