https://www.taxtmi.com/caselaws?id=60651 The Tribunal partially allowed the departmental appeal by modifying the disallowance of consultancy expenses, upholding the book profit method for calculating profits on the sale of green tea leaves, restoring the levy of interest under section 139(8), and directing reconsideration of interest under sections 215 and 220(2) based on recalculated tax. The Tribunal noted that certain orders of the CIT(A) went beyond their powers, leading to adjustments in the final decision. en-us Fri, 31 Mar 2000 00:00:00 +0530 Fri, 07 Jan 2011 13:52:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60651 The Tribunal partially allowed the departmental appeal by modifying the disallowance of consultancy expenses, upholding the book profit method for calculating profits on the sale of green tea leaves, restoring the levy of interest under section 139(8), and directing reconsideration of interest under sections 215 and 220(2) based on recalculated tax. The Tribunal noted that certain orders of the CIT(A) went beyond their powers, leading to adjustments in the final decision. Case-Laws Income Tax Fri, 31 Mar 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60651