https://www.taxtmi.com/caselaws?id=294274 The appeal was partly allowed for statistical purposes. The issues regarding the addition of Rs. 38,65,000 to share subscription money, the ad hoc disallowance of Rs. 50,000 out of various expenses, and the levy of interest under section 217 of the Income Tax Act, 1961, were remanded to the Commissioner (Appeals) for fresh consideration. The Commissioner (Appeals) was directed to provide the appellant with necessary documents and opportunities for inspection and hearing. en-us Wed, 08 Jul 1998 00:00:00 +0530 Fri, 02 Apr 2021 16:43:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294274 The appeal was partly allowed for statistical purposes. The issues regarding the addition of Rs. 38,65,000 to share subscription money, the ad hoc disallowance of Rs. 50,000 out of various expenses, and the levy of interest under section 217 of the Income Tax Act, 1961, were remanded to the Commissioner (Appeals) for fresh consideration. The Commissioner (Appeals) was directed to provide the appellant with necessary documents and opportunities for inspection and hearing. Case-Laws Income Tax Wed, 08 Jul 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294274