Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2001 (6) TMI 15 - HC - Income Tax
Extract:
.......on 271(1)(c) of the Act could not be sustained. We have borne in mind the ratio of decisions cited on behalf of the Revenue while arriving at the aforesaid decision. The question referred to us is answered in the negative, that is, in favour of the assessee and against the Revenue. The reference is disposed of accordingly with no order as to costs.