https://www.taxtmi.com/caselaws?id=61523 The Tribunal upheld the disallowance of initial security deposits as deductions, disallowance under Section 40A(3) for cash payments, and disallowance of investment allowance and deductions under Sections 80HH and 80-I. However, it allowed the benefit of carry forward of loss, disallowance of retention money, professional fee payment, and interest on borrowed funds. The Tribunal emphasized adherence to prior decisions, the significance of factual evidence, and the application of legal precedents in determining deductions and disallowances. en-us Thu, 20 Jun 2002 00:00:00 +0530 Thu, 13 Jan 2011 11:15:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61523 The Tribunal upheld the disallowance of initial security deposits as deductions, disallowance under Section 40A(3) for cash payments, and disallowance of investment allowance and deductions under Sections 80HH and 80-I. However, it allowed the benefit of carry forward of loss, disallowance of retention money, professional fee payment, and interest on borrowed funds. The Tribunal emphasized adherence to prior decisions, the significance of factual evidence, and the application of legal precedents in determining deductions and disallowances. Case-Laws Income Tax Thu, 20 Jun 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61523