1987 (10) TMI 21 - GUJARAT HIGH COURT

Extract:
....... by counsel for the assessee cannot go to the aid of the assessee. In view of the above, we are of the opinion that all the three questions formulated by the Tribunal and referred to us must be answered in the affirmative, that is, in favour of the Revenue and against the assessee. The reference is disposed of accordingly with no order as to costs.