https://www.taxtmi.com/caselaws?id=26233 The judgment addressed various deductions and liabilities claimed by the assessee for different assessment years. The court upheld the Tribunal's decisions in favor of the assessee on all six questions of law referred, including allowing deductions for interest on purchase tax arrears, understatement of sales turnover, under-valuation of closing stock, accrued liability, extra cane price, and entertainment expenditure. The judgment ruled in favor of the assessee against the Revenue, directing the Revenue to pay the costs of the assessee along with the advocate's fee. en-us Tue, 13 Nov 1984 00:00:00 +0530 Wed, 03 Feb 2010 16:14:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26233 The judgment addressed various deductions and liabilities claimed by the assessee for different assessment years. The court upheld the Tribunal's decisions in favor of the assessee on all six questions of law referred, including allowing deductions for interest on purchase tax arrears, understatement of sales turnover, under-valuation of closing stock, accrued liability, extra cane price, and entertainment expenditure. The judgment ruled in favor of the assessee against the Revenue, directing the Revenue to pay the costs of the assessee along with the advocate's fee. Case-Laws Income Tax Tue, 13 Nov 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26233