Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1996 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1996 (2) TMI 45 - HC - Income TaxExtract: ....... would prefer to follow the judgment of the Supreme Court and that of the Mysore High Court cited supra instead of the decision of the Karnataka High Court reported in CIT (Addl.) v. S. V. Ratnaswamy and Sons 1977 106 ITR 154. For the foregoing reasons, we answer the question referred to us in the negative and in favour of the Department. No costs.
|