https://www.taxtmi.com/caselaws?id=19394 The court ruled in favor of the Revenue in all aspects of the case. It held that Section 144B applied to the assessment year 1975-76, allowing the assessment completed under it to be within the limitation period. Expenditures claimed for weighted deduction under Section 35B, incremental liabilities not in accounts, and surtax liability were all disallowed as deductions, following established precedents. en-us Mon, 14 Nov 1994 00:00:00 +0530 Thu, 05 Nov 2009 18:15:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19394 The court ruled in favor of the Revenue in all aspects of the case. It held that Section 144B applied to the assessment year 1975-76, allowing the assessment completed under it to be within the limitation period. Expenditures claimed for weighted deduction under Section 35B, incremental liabilities not in accounts, and surtax liability were all disallowed as deductions, following established precedents. Case-Laws Income Tax Mon, 14 Nov 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19394