https://www.taxtmi.com/caselaws?id=25733 The Tribunal upheld the deletion of an addition in the closing stock of sugar, allowed the deduction of interest on cane purchase tax arrears, remanded the decision on the taxability of interest recoverable from a company, and sustained the disallowance of interest claimed by the assessee. The Tribunal answered questions in favor of the assessee on some issues and directed a rehearing on others. No costs were awarded due to the divided success of the parties. en-us Thu, 30 Oct 1986 00:00:00 +0530 Sat, 30 Jan 2010 15:08:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25733 The Tribunal upheld the deletion of an addition in the closing stock of sugar, allowed the deduction of interest on cane purchase tax arrears, remanded the decision on the taxability of interest recoverable from a company, and sustained the disallowance of interest claimed by the assessee. The Tribunal answered questions in favor of the assessee on some issues and directed a rehearing on others. No costs were awarded due to the divided success of the parties. Case-Laws Income Tax Thu, 30 Oct 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25733