https://www.taxtmi.com/caselaws?id=61379 The tribunal partly allowed the appeal for statistical purposes. The disallowance of deduction for house tax paid on the factory building was upheld due to the liability crystallizing before the relevant assessment year. The disallowance under section 40(2) was dismissed as infructuous. The treatment of cash credits as unexplained income was sent back to the CIT(A) for fresh consideration. The disallowance of miscellaneous expenses was upheld as unvouched and inadmissible. The issue of disallowance of interest paid to partners was remanded for fresh determination with proper hearing opportunities. en-us Fri, 29 Aug 1986 00:00:00 +0530 Wed, 12 Jan 2011 14:25:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61379 The tribunal partly allowed the appeal for statistical purposes. The disallowance of deduction for house tax paid on the factory building was upheld due to the liability crystallizing before the relevant assessment year. The disallowance under section 40(2) was dismissed as infructuous. The treatment of cash credits as unexplained income was sent back to the CIT(A) for fresh consideration. The disallowance of miscellaneous expenses was upheld as unvouched and inadmissible. The issue of disallowance of interest paid to partners was remanded for fresh determination with proper hearing opportunities. Case-Laws Income Tax Fri, 29 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61379