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1978 (1) TMI 7 - CALCUTTA HIGH COURT
Extract:
.......nt and the concurrent purpose of the assessee could well have been that of earning further income by acquiring the control of the other company. For the reasons above, the assessee succeeds in this case. The question referred is answered in the affirmative and in favour of the assessee. There will be no order as to costs. C. K. BANERJI J.--I agree.