https://www.taxtmi.com/caselaws?id=66873 The assessment for the year 1982-83 was found not to be time-barred. The inclusion of Rs. 27.88 lakhs in the fresh assessment was deemed within the Assessing Officer's jurisdiction. The receipt of Rs. 27.88 lakhs was classified as a revenue receipt and deemed taxable. The claim for weighted deduction under section 35B was partially allowed. Regarding the payment of sales tax for the assessment year 1985-86, deductions were to be allowed if the liability was incurred during the current period. en-us Fri, 06 May 1994 00:00:00 +0530 Mon, 07 Mar 2011 18:02:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66873 The assessment for the year 1982-83 was found not to be time-barred. The inclusion of Rs. 27.88 lakhs in the fresh assessment was deemed within the Assessing Officer's jurisdiction. The receipt of Rs. 27.88 lakhs was classified as a revenue receipt and deemed taxable. The claim for weighted deduction under section 35B was partially allowed. Regarding the payment of sales tax for the assessment year 1985-86, deductions were to be allowed if the liability was incurred during the current period. Case-Laws Income Tax Fri, 06 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66873