https://www.taxtmi.com/caselaws?id=12970 The court ruled in favor of the assessee on various issues including disallowance of Shubhechha greetings, interest on advances, interest on cash balances, vehicle expenses, and labor charges. Contributions to specific funds were also deemed non-trading receipts. The court refrained from deciding on the interest-free loan issue due to the small amount involved. The matter of bonus exceeding limits was remitted back to the department. The appeal was partly allowed with no costs imposed. en-us Mon, 02 Jul 2001 00:00:00 +0530 Mon, 25 May 2009 16:26:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12970 The court ruled in favor of the assessee on various issues including disallowance of Shubhechha greetings, interest on advances, interest on cash balances, vehicle expenses, and labor charges. Contributions to specific funds were also deemed non-trading receipts. The court refrained from deciding on the interest-free loan issue due to the small amount involved. The matter of bonus exceeding limits was remitted back to the department. The appeal was partly allowed with no costs imposed. Case-Laws Income Tax Mon, 02 Jul 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12970