1994 (4) TMI 14 - HC - Income Tax

Summary

The High Court of Rajasthan upheld the assessment under section 28(iv) of the Income-tax Act for a partner who occupied a portion of business premises for personal residence. The court ruled in favor of the Revenue based on precedent and dismissed the appeal. (Case citation: 1994 (4) TMI 14 - RAJASTHAN High Court)