https://www.taxtmi.com/caselaws?id=61138 The ITAT allowed ITA No. 930 of 1976-77 and partly allowed ITA No. 754 of 1977-78. The disallowance of interest on deposits made by family members was reversed as the gifts were deemed reasonable. Dharmada collections were held non-exigible for the assessment year 1975-76. Only one assessment was required for the year 1976-77 despite a change in the firm's constitution. Disallowance of kitchen expenses was upheld. en-us Wed, 21 Oct 1981 00:00:00 +0530 Tue, 11 Jan 2011 10:53:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=61138 The ITAT allowed ITA No. 930 of 1976-77 and partly allowed ITA No. 754 of 1977-78. The disallowance of interest on deposits made by family members was reversed as the gifts were deemed reasonable. Dharmada collections were held non-exigible for the assessment year 1975-76. Only one assessment was required for the year 1976-77 despite a change in the firm's constitution. Disallowance of kitchen expenses was upheld. Case-Laws Income Tax Wed, 21 Oct 1981 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=61138