https://www.taxtmi.com/caselaws?id=67548 The assessee's appeal was partly allowed, with specific additions being deleted and relief granted where justified. The validity of the statement of disclosure was upheld, while the addition of notional interest from a subsidiary company was deleted. The addition of provision for sales tax was also deleted as it pertained to earlier years. However, the addition of cash found at a unit and based on diary entries was upheld. The claim of rebate under section 80HHC was allowed, and the levy of interest and penalty proceedings were addressed accordingly. en-us Wed, 28 Jan 1998 00:00:00 +0530 Fri, 11 Mar 2011 12:10:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=67548 The assessee's appeal was partly allowed, with specific additions being deleted and relief granted where justified. The validity of the statement of disclosure was upheld, while the addition of notional interest from a subsidiary company was deleted. The addition of provision for sales tax was also deleted as it pertained to earlier years. However, the addition of cash found at a unit and based on diary entries was upheld. The claim of rebate under section 80HHC was allowed, and the levy of interest and penalty proceedings were addressed accordingly. Case-Laws Income Tax Wed, 28 Jan 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=67548