Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1995 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1995 (12) TMI 68 - HC - Income TaxExtract: .......ir Lordships proceed in the matter with regard to the interpretation of section 5(1)(c) of the Act. We are in full agreement with the view taken by the Calcutta High Court. In this view of the matter, we are of the opinion that the view taken by the Tribunal is correct and the reference is answered in favour of the assessee and against the Revenue.
|