Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1985 (9) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1985 (9) TMI 72 - HC - Income TaxExtract: ....... against the assessee. The case would now go back to the Tribunal for recording a finding as to whether the amount of loan was utilised by the assessee as fixed capital or working capital in the relevant assessment year and for its disposal in the light of the observations made in Groz-Beckert Saboo Ltd. v. CIT 1981 127 ITR 608 (P and H). No costs.
|