1998 (6) TMI 88 - MADRAS HIGH COURT - Income Tax

Extract:
.......ccordingly, the questions referred to us are answered in the following manner 1st question It is answered in the negative and in favour of the Revenue. 2nd question It is answered in the negative and in favour of the Revenue. 3rd question The question is not answered. The Revenue will be entitled to the costs of the reference of a sum of Rs. 1,500.