https://www.taxtmi.com/caselaws?id=62045 The Tribunal allowed the appeal by the assessee, setting aside the assessment completed under section 144 of the IT Act for the assessment year 1986-87. It directed the AO to comply with the requests for summons to obtain the books of account, conduct a proper assessment of income or loss, and allow depreciation, investment allowance, and interest on excess advance tax payment as required by law. en-us Thu, 09 Sep 1999 00:00:00 +0530 Mon, 17 Jan 2011 18:17:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62045 The Tribunal allowed the appeal by the assessee, setting aside the assessment completed under section 144 of the IT Act for the assessment year 1986-87. It directed the AO to comply with the requests for summons to obtain the books of account, conduct a proper assessment of income or loss, and allow depreciation, investment allowance, and interest on excess advance tax payment as required by law. Case-Laws Income Tax Thu, 09 Sep 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62045