1993 (9) TMI 52 - GUJARAT HIGH COURT

Extract:
.......tion No. 1 is answered in the affirmative for both the assessment years 1974-75 and 1975-76 in favour of the Revenue and against the assessee and for the assessment year 1975-76, question No. 2 is answered in the affirmative, i.e., in favour of the assessee and against the Revenue. Reference stands disposed of accordingly with no order as to costs.