1987 (1) TMI 12 - BOMBAY HIGH COURT

Extract:
.......the negative and in favour of the Revenue. In the result, questions Nos. 1, 2 and 3 are answered in the negative and in favour of the assessee. Question No. 4 is answered in the negative and in favour of the Revenue. An answer was not sought to the question raised on behalf of the assessee and it is, accordingly, not answered. No order as to costs.