Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1987 (8) TMI 42 - HC - Income Tax
Extract:
.......ies. In view of these findings, the Tribunal, in our opinion, was justified in law in reversing the order passed by the Commissioner of Income-tax. Our answer to the question referred to this court is, therefore, in the affirmative and in favour of the assessee. In the circumstances of the case, parties shall bear their own costs of this reference.