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2011 (2) TMI 953 - HC - Income TaxDEPB scheme - whether a Business income? - Held that:- The matter is covered in favour of the revenue by orders of this Court CIT v. M/s Victor Forgings [2010 (8) TMI 793 - PUNJAB & HARYANA HIGH COURT] and CIT v. F.C. Sondhi [2010 (8) TMI 420 - PUNJAB AND HARYANA HIGH COURT] wherein after noticing the judgment of the Bombay High Court in CIT v. Kalpataru Colours & Chemicals [2010 (6) TMI 63 - BOMBAY HIGH COURT] the matter was remanded to the Tribunal for fresh decision in accordance with law - Decided against the assessee
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