Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1989 (9) TMI 90 - KARNATAKA HIGH COURT
Extract:
.......ed of in any of the succeeding four years. In the present case, admittedly, the assessee being not eligible in the initial year, the question of granting exemption in subsequent years does not arise. We, therefore, respectfully disagree with the decision of the Gujarat High Court and answer the question in the negative and in favour of the Revenue.