https://www.taxtmi.com/caselaws?id=181541 The appeal in the case involved various tax issues such as the inclusion of excise duty, sales tax, scrap sales, and interest in total turnover for deduction under section 80-HHC, allowability of depreciation on transit house/assets, entitlement to deduction of bad debts, disallowance under Rule 6D, valuation of closing stock, and taxation of net interest received. The Tribunal decided in favor of the assessee on issues related to excise duty, sales tax, scrap sales, and certain valuation matters, while upholding the Revenue's position on depreciation and bad debts. The final decision partially favored both parties based on the specific issues and legal analysis presented. en-us Tue, 13 Sep 2011 00:00:00 +0530 Tue, 19 Apr 2016 16:38:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181541 The appeal in the case involved various tax issues such as the inclusion of excise duty, sales tax, scrap sales, and interest in total turnover for deduction under section 80-HHC, allowability of depreciation on transit house/assets, entitlement to deduction of bad debts, disallowance under Rule 6D, valuation of closing stock, and taxation of net interest received. The Tribunal decided in favor of the assessee on issues related to excise duty, sales tax, scrap sales, and certain valuation matters, while upholding the Revenue's position on depreciation and bad debts. The final decision partially favored both parties based on the specific issues and legal analysis presented. Case-Laws Income Tax Tue, 13 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181541