https://www.taxtmi.com/caselaws?id=64489 The Tribunal partially allowed the quantum appeals, quashed the protective assessment of income in the firm's hands, and upheld the refusal of registration to the firm. The appeal against the refusal of registration was dismissed, and the addition of Rs. 2,09,000 was deleted. Disallowances of entertainment and sundry expenses, as well as accounts with Swastic Lottery Agency & New Vijay Agency, were dismissed. The Tribunal directed the recalculation of interest under sections 139(8) and 217 of the Act. en-us Fri, 26 Feb 1993 00:00:00 +0530 Tue, 08 Feb 2011 11:40:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=64489 The Tribunal partially allowed the quantum appeals, quashed the protective assessment of income in the firm's hands, and upheld the refusal of registration to the firm. The appeal against the refusal of registration was dismissed, and the addition of Rs. 2,09,000 was deleted. Disallowances of entertainment and sundry expenses, as well as accounts with Swastic Lottery Agency & New Vijay Agency, were dismissed. The Tribunal directed the recalculation of interest under sections 139(8) and 217 of the Act. Case-Laws Income Tax Fri, 26 Feb 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=64489