https://www.taxtmi.com/caselaws?id=297715 The Tribunal partly allowed the appeal, deleting disallowances of electricity expenses, rent for the branch office, and business development expenses. Disallowances of depreciation on cars and interest on vehicle loans were upheld. The issue of interest paid to a partner was remanded for recalculation. en-us Thu, 31 May 2018 00:00:00 +0530 Sun, 19 Sep 2021 22:12:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297715 The Tribunal partly allowed the appeal, deleting disallowances of electricity expenses, rent for the branch office, and business development expenses. Disallowances of depreciation on cars and interest on vehicle loans were upheld. The issue of interest paid to a partner was remanded for recalculation. Case-Laws Income Tax Thu, 31 May 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297715