https://www.taxtmi.com/caselaws?id=70280 The Tribunal allowed the appeals for the assessment years 1982-83, 1985-86, and 1986-87, while partly allowing the appeals for 1983-84 and 1984-85. It held that the reopening of assessments under Section 147(b) was invalid, the restaurant was entitled to investment allowance, the building qualified as a plant, and interest under Section 217 was not chargeable in the reopened assessment. The disallowance of advertisement expenditure was upheld due to lack of arguments. en-us Wed, 27 Mar 1991 00:00:00 +0530 Fri, 15 Apr 2011 12:10:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=70280 The Tribunal allowed the appeals for the assessment years 1982-83, 1985-86, and 1986-87, while partly allowing the appeals for 1983-84 and 1984-85. It held that the reopening of assessments under Section 147(b) was invalid, the restaurant was entitled to investment allowance, the building qualified as a plant, and interest under Section 217 was not chargeable in the reopened assessment. The disallowance of advertisement expenditure was upheld due to lack of arguments. Case-Laws Income Tax Wed, 27 Mar 1991 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=70280