Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1994 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1994 (12) TMI 21 - HC - Income TaxExtract: .......It will thus be seen that the legal position as well as authority are totally against the assessee in the facts and circumstances of the case. The view of the Tribunal was thus erroneous. We, therefore, answer the reference in the negative, i.e., in favour of the Revenue and against the assessee. In the circumstances, however, no order as to costs.
|