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1996 (9) TMI 63 - HC - Income Tax
Extract:
.......g all these aspects, we are of the opinion that the Tribunal without proper materials came to the conclusion regarding the capability. Besides, this court also has held in ITR No. 2 of 1992, Jalan Timbers v. CIT 1997 223 ITR 11. In view of the above, we answer both the questions in the negative and in favour of the assessee and against the Revenue.