Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1999 (7) TMI 50 - CALCUTTA HIGH COURT
Extract:
.......ith the view taken by this court in Jayashree Charity Trust s case 1986 159 ITR 280 and we leave the issue open to consider this issue in the appropriate case in future. In the result, in view of these facts, we answer both the questions in the affirmative, i.e., in favour of the assessee and against the Revenue. RANJAN KUMAR MAZUMDAR J.---I agree.