https://www.taxtmi.com/caselaws?id=181482 The appeals for the assessment years 1972-73 and 1978-79 were partly allowed. The appeal for the assessment year 1973-74 was treated as allowed for statistical purposes. The appeal for the assessment year 1979-80 was dismissed. The Tribunal upheld the deletion of additions related to accrued interest on interest-free loans to directors, classification of expenditure for prospecting of mines, and car expenses for personal use of directors. However, the Tribunal restored the addition of unexplained cash credit and was divided on the treatment of unpaid wages, ultimately ruling against the tax department's position. en-us Mon, 04 Nov 1985 00:00:00 +0530 Mon, 18 Apr 2016 16:16:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181482 The appeals for the assessment years 1972-73 and 1978-79 were partly allowed. The appeal for the assessment year 1973-74 was treated as allowed for statistical purposes. The appeal for the assessment year 1979-80 was dismissed. The Tribunal upheld the deletion of additions related to accrued interest on interest-free loans to directors, classification of expenditure for prospecting of mines, and car expenses for personal use of directors. However, the Tribunal restored the addition of unexplained cash credit and was divided on the treatment of unpaid wages, ultimately ruling against the tax department's position. Case-Laws Income Tax Mon, 04 Nov 1985 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181482