Forgot password
New User/ Regiser
⇒ Register to get Live Demo
2001 (3) TMI 67 - HC - Income Tax
Extract:
.......Income-tax Officer and the Commissioner of Income-tax (Appeals) are based on presumption, we answer in the negative, i.e., in favour of the assessee and against the Revenue. The reference application for both the assessees thus stands disposed of accordingly. All parties are to act on a signed xerox copy of this dictated order on usual undertaking.