Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1980 (8) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1980 (8) TMI 60 - HC - Income TaxExtract: .......ich the loss arose. In that view of the matter, we are of the opinion that the ratio of the principles of the decision of the Supreme. Court do apply in the facts of the instant case. In the premises, question No. 2 is answered in the negative and in favour of the revenue. Each party will pay and bear its own costs. SUDHINDRA MOHAN GUHA J.-I agree.
|