https://www.taxtmi.com/caselaws?id=66524 The Tribunal determined the value of a cinema theatre for the assessment years 1982-83 to 1986-87, allowing proper deductions and disallowing the claim for liability towards additional income-tax and wealth-tax. The deductions included interest on capital, remuneration for owner's risk, and entrepreneurship. The Tribunal allowed the liabilities arising from Amnesty returns as deductions, specifying the amounts subject to verification by the Wealth-tax Officer. The appeals were partly allowed, providing relief to the assessee on these points. en-us Thu, 29 Mar 1990 00:00:00 +0530 Sat, 26 Feb 2011 13:11:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66524 The Tribunal determined the value of a cinema theatre for the assessment years 1982-83 to 1986-87, allowing proper deductions and disallowing the claim for liability towards additional income-tax and wealth-tax. The deductions included interest on capital, remuneration for owner's risk, and entrepreneurship. The Tribunal allowed the liabilities arising from Amnesty returns as deductions, specifying the amounts subject to verification by the Wealth-tax Officer. The appeals were partly allowed, providing relief to the assessee on these points. Case-Laws Wealth-tax Thu, 29 Mar 1990 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66524