https://www.taxtmi.com/caselaws?id=15960 The High Court upheld the Income-tax Officer's decision to reopen assessments under section 147(a) due to the assessee's failure to fully disclose certain expenditures. The court determined that property tax, electricity charges, depreciation, and repairs should be included in the disallowable amount under section 40A(5), except for property tax which was deemed not includable. The court ruled in favor of the Revenue, awarding costs of Rs. 1,000. en-us Thu, 02 Apr 1998 00:00:00 +0530 Mon, 31 Aug 2009 12:22:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15960 The High Court upheld the Income-tax Officer's decision to reopen assessments under section 147(a) due to the assessee's failure to fully disclose certain expenditures. The court determined that property tax, electricity charges, depreciation, and repairs should be included in the disallowable amount under section 40A(5), except for property tax which was deemed not includable. The court ruled in favor of the Revenue, awarding costs of Rs. 1,000. Case-Laws Income Tax Thu, 02 Apr 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15960