1979 (11) TMI 170

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....Nag)/1979 for asst. yr. 1975-76, wherein he has given the reason as to why he had upheld the levy of interest charged by the ITO. 3. The assessee is assessed in the status of ITO individual. It was stated before the ITO that the assessee returned income of Rs. 7,310 as he was a partner in a firm which had declared income at Rs. 14,630. The ITO however, computed the said income from the firm at Rs....