https://www.taxtmi.com/caselaws?id=60111 The tribunal held that a deduction claim not raised initially can be considered in reassessment, emphasizing that the allowability of a deduction is not dependent on entries in account books. The tribunal directed the case to be remanded for the assessing authority to reevaluate the claim on its merits according to legal provisions, allowing the appeal for statistical purposes. en-us Fri, 08 Aug 1986 00:00:00 +0530 Mon, 03 Jan 2011 17:31:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=60111 The tribunal held that a deduction claim not raised initially can be considered in reassessment, emphasizing that the allowability of a deduction is not dependent on entries in account books. The tribunal directed the case to be remanded for the assessing authority to reevaluate the claim on its merits according to legal provisions, allowing the appeal for statistical purposes. Case-Laws Income Tax Fri, 08 Aug 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=60111