1997 (5) TMI 46 - HC - Income Tax

Extract:
....... In the premises we answer the first two questions submitted to us in the affirmative and in favour of the Revenue. We, however, decline to answer question No. 3 which, in our view, is purely academic which is not germane to the disposal of the real issue between the assessee and the Revenue. There will be no order as to the costs of the reference.