https://www.taxtmi.com/caselaws?id=66900 The Tribunal upheld the Commissioner's revisionary powers regarding the sales tax penalty, deduction of Rs. 3,67,723, and deduction u/s 32AB, finding the assessment erroneous in these aspects. However, the Tribunal vacated the Commissioner's order on the joint venture loss and initiation of penalty u/s 221, stating no error in the assessment on these issues. en-us Thu, 24 Sep 1998 00:00:00 +0530 Tue, 08 Mar 2011 10:44:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=66900 The Tribunal upheld the Commissioner's revisionary powers regarding the sales tax penalty, deduction of Rs. 3,67,723, and deduction u/s 32AB, finding the assessment erroneous in these aspects. However, the Tribunal vacated the Commissioner's order on the joint venture loss and initiation of penalty u/s 221, stating no error in the assessment on these issues. Case-Laws Income Tax Thu, 24 Sep 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=66900