https://www.taxtmi.com/caselaws?id=55522 The Tribunal allowed the assessee's claims for carry forward and set off of losses under Section 79 of the Income Tax Act, investment allowance, and bank guarantee fees. However, the disallowances of Rs. 5,000 for mess expenses and Rs. 8,211 for interest paid to the G.S.F.C. Term Loan were upheld. en-us Mon, 28 Mar 1994 00:00:00 +0530 Sat, 27 Nov 2010 14:56:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55522 The Tribunal allowed the assessee's claims for carry forward and set off of losses under Section 79 of the Income Tax Act, investment allowance, and bank guarantee fees. However, the disallowances of Rs. 5,000 for mess expenses and Rs. 8,211 for interest paid to the G.S.F.C. Term Loan were upheld. Case-Laws Income Tax Mon, 28 Mar 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55522