https://www.taxtmi.com/caselaws?id=383099 The assessee's appeal was partly allowed, with the Tribunal ruling in favor of the assessee on grounds related to treatment of pre-operative expenditure and disallowance of interest on an ad hoc basis. The Tribunal dismissed the Revenue's appeal on grounds concerning inclusion of excise duty in closing stock, provision for warranty claims, and bad debts written off. The Tribunal emphasized legal precedents, consistency, and practical business considerations in its detailed reasoning for each ground. en-us Tue, 02 Jul 2019 00:00:00 +0530 Wed, 17 Jul 2019 10:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=383099 The assessee's appeal was partly allowed, with the Tribunal ruling in favor of the assessee on grounds related to treatment of pre-operative expenditure and disallowance of interest on an ad hoc basis. The Tribunal dismissed the Revenue's appeal on grounds concerning inclusion of excise duty in closing stock, provision for warranty claims, and bad debts written off. The Tribunal emphasized legal precedents, consistency, and practical business considerations in its detailed reasoning for each ground. Case-Laws Income Tax Tue, 02 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=383099