https://www.taxtmi.com/caselaws?id=60930 The Tribunal partly allowed the appeal, granting relief on the disallowance of deduction under section 80-I and the interest disallowance related to advances to employees, while upholding the disallowance of the fee paid for increasing authorized capital. The Tribunal found that the assessee was entitled to the deduction under section 80-I as claimed, as the provisions cited by the revenue authorities were deemed inapplicable to the intra-unit transactions of the assessee. Additionally, the disallowance of interest paid to the bank on advances to employees was deemed unjustified and deleted by the Tribunal. en-us Wed, 31 Jul 1996 00:00:00 +0530 Sat, 08 Jan 2011 16:37:11 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60930 The Tribunal partly allowed the appeal, granting relief on the disallowance of deduction under section 80-I and the interest disallowance related to advances to employees, while upholding the disallowance of the fee paid for increasing authorized capital. The Tribunal found that the assessee was entitled to the deduction under section 80-I as claimed, as the provisions cited by the revenue authorities were deemed inapplicable to the intra-unit transactions of the assessee. Additionally, the disallowance of interest paid to the bank on advances to employees was deemed unjustified and deleted by the Tribunal. Case-Laws Income Tax Wed, 31 Jul 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60930