https://www.taxtmi.com/caselaws?id=294680 The appeal involved disallowance of various expenses and additions under the IT Act. The disallowance of Social Forestry Expenses and Prior Period Expenditure was upheld, while the addition under section 145A was affirmed. The disallowance of PF Contribution was sent back for further assessment. The addition due to lower yield and G.P. ratio was deleted. The setoff of unabsorbed depreciation was allowed, and the addition of unexplained creditors was deleted. Both the Revenue and the assessee's appeals were partly allowed in the case. en-us Wed, 31 Jul 2013 00:00:00 +0530 Wed, 22 Dec 2021 11:30:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=294680 The appeal involved disallowance of various expenses and additions under the IT Act. The disallowance of Social Forestry Expenses and Prior Period Expenditure was upheld, while the addition under section 145A was affirmed. The disallowance of PF Contribution was sent back for further assessment. The addition due to lower yield and G.P. ratio was deleted. The setoff of unabsorbed depreciation was allowed, and the addition of unexplained creditors was deleted. Both the Revenue and the assessee's appeals were partly allowed in the case. Case-Laws Income Tax Wed, 31 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=294680