1991 (6) TMI 27 - HC - Income Tax

Summary

The High Court of Calcutta addressed a tax dispute regarding excise duty liability for the assessment year 1980-81. The Tribunal allowed deduction for certain amounts based on show-cause-cum-demand notices served during the relevant accounting year. The court referred to a previous decision and ruled in favor of the assessee. The judgment was agreed upon by Judges Shyamal Kumar Sen and Ajit Kumar Sengupta.