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2011 (2) TMI 1502 - HC - Income TaxExtract: .......ainst the revenue by the Apex Court in the case of T.R.F. Ltd. V/s. Commissioner of Income Tax reported in 2010 323 I.T.R. 397(S.C.). 4. In this view of the matter, rule is made absolute. The notice dated 30/3/2010 and the draft reassessment dated 24/12/2010 pursuant to the notice dated 30/3/2010 are quashed and set aside with no order as to costs.
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