Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1990 (11) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1990 (11) TMI 51 - ALLAHABAD HIGH COURTExtract: ....... 80J of the Income-tax Act, 1961 ? It is agreed by counsel for both the parties that, following the decision of the Supreme Court in Lohia Machines Ltd. v. Union of India 1985 152 ITR 308, this question must be answered in the negative (sic.), i.e., in favour of the Revenue and against the assessee. The income-tax reference is answered accordingly.
|