Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1992 (2) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1992 (2) TMI 43 - GAUHATI HIGH COURTExtract: .......aid ratio squarely applies to the case in hand. For the reasons stated above, we hold that the provisions of section 72(1) were fully satisfied in the case in hand and that there was no discontinuance of business of the company. We, therefore, answer the question in the affirmative, i.e., in favour of the assessee and against the Revenue. No costs.
|