https://www.taxtmi.com/caselaws?id=66656 The assessee's appeal for the assessment year 1975-76 was allowed, and the reassessment proceedings were annulled. However, the other appeals by the assessee were dismissed. The departmental appeals were partly allowed, with specific points decided in favor of the department, including the classification of the assessee as a company not substantially interested to claim certain deductions and the treatment of payments to a director for the ceiling limit. en-us Wed, 30 Mar 1988 00:00:00 +0530 Sat, 05 Mar 2011 13:58:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66656 The assessee's appeal for the assessment year 1975-76 was allowed, and the reassessment proceedings were annulled. However, the other appeals by the assessee were dismissed. The departmental appeals were partly allowed, with specific points decided in favor of the department, including the classification of the assessee as a company not substantially interested to claim certain deductions and the treatment of payments to a director for the ceiling limit. Case-Laws Income Tax Wed, 30 Mar 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66656