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1997 (2) TMI 15 - HC - Income TaxExtract: .......nce in the present case. The principle and the ratio in CIT v. Kiran Crimpers 1997 225 ITR 84 (Guj) (I.T.R. No. 346 of 1983, decided on December 4, 1996), fully applies to the present case. Accordingly, we answer question No.2 also in the negative, i.e., to say, in favour of the Revenue and against the assessee. There shall be no order as to costs.
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