1983 (10) TMI 102

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....residential house. "That interest should have been calculated after giving the credit of allowance-tax of Rs. 9,520. Thus correct amount of interest u/s 139 (8) of the Act, come to Rs. 465 as against the interest charged as Rs. 3,410." 2. With regard to the first ground, it is seen that the assessee is a co-owner of a property situated at 162. Idgah Hills,Bhopal. In the case of another co-ow....

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....ggrieved and has come up in appeal before us. After hearing Shri N.K. Bhuraria, ld. counsel of the assessee and Shri M.K. Chakraborty, ld. Sr. D.R., we are of the view that the assessee is to succeed. Almost similar issue came up before the ITAT, Bombay Bench in the case of Blaze Advertising Pvt. Ltd. In that case the Tribunal held that all payments made before the regular assessment was made and ....