https://www.taxtmi.com/caselaws?id=55502 The Tribunal allowed both appeals partly. The addition under Section 43B of the IT Act was deleted, with the corresponding deduction in the subsequent assessment year withdrawn. Relief was granted regarding the charge of interest under Section 215, directing the ITO to recalculate the interest. Additionally, the addition to the trading account was also deleted. en-us Thu, 28 Sep 1989 00:00:00 +0530 Sat, 27 Nov 2010 13:29:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55502 The Tribunal allowed both appeals partly. The addition under Section 43B of the IT Act was deleted, with the corresponding deduction in the subsequent assessment year withdrawn. Relief was granted regarding the charge of interest under Section 215, directing the ITO to recalculate the interest. Additionally, the addition to the trading account was also deleted. Case-Laws Income Tax Thu, 28 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55502