Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1975 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1975 (12) TMI 71 - HC - Income TaxExtract: .......bsorbed losses, depreciation and development rebate carried forward from earlier years. Our answer to the question, which is referred to us is, therefore, in the negative, i.e., in favour of the revenue and against the assessee. This reference is accordingly disposed of. The respondent-assessee shall bear the costs of the revenue in this reference.
|