https://www.taxtmi.com/caselaws?id=66070 The appeals for assessment years 1974-75, 1976-77, and 1977-78 were allowed, with the Tribunal upholding the validity of reopening under section 147(a) but deleting the addition of Rs. 12,000 as a perquisite under section 28(iv) and disallowing the levy of interest under sections 215 and 139(8). The appeal for the assessment year 1978-79 was allowed for statistical purposes, with a directive for the first appellate authority to re-evaluate the facts regarding dividend income. en-us Mon, 30 Nov 1992 00:00:00 +0530 Mon, 21 Feb 2011 12:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66070 The appeals for assessment years 1974-75, 1976-77, and 1977-78 were allowed, with the Tribunal upholding the validity of reopening under section 147(a) but deleting the addition of Rs. 12,000 as a perquisite under section 28(iv) and disallowing the levy of interest under sections 215 and 139(8). The appeal for the assessment year 1978-79 was allowed for statistical purposes, with a directive for the first appellate authority to re-evaluate the facts regarding dividend income. Case-Laws Income Tax Mon, 30 Nov 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66070