https://www.taxtmi.com/caselaws?id=379029 The tribunal partly allowed the assessee's appeal and allowed the revenue's appeal for statistical purposes. The tribunal confirmed disallowances on bad debt written off, interest expenses, and rent expenditure, while allowing claims on replacement of machinery parts, employees' contribution to PF, brought forward depreciation loss, and interest payment on delayed electricity bills. The decisions were based on the lack of documentary evidence, nature of expenses, business purposes, time limits for carry forward, and clarifications on interest payments. en-us Thu, 11 Apr 2019 00:00:00 +0530 Thu, 25 Apr 2019 17:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=379029 The tribunal partly allowed the assessee's appeal and allowed the revenue's appeal for statistical purposes. The tribunal confirmed disallowances on bad debt written off, interest expenses, and rent expenditure, while allowing claims on replacement of machinery parts, employees' contribution to PF, brought forward depreciation loss, and interest payment on delayed electricity bills. The decisions were based on the lack of documentary evidence, nature of expenses, business purposes, time limits for carry forward, and clarifications on interest payments. Case-Laws Income Tax Thu, 11 Apr 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=379029