Home Case Index All Cases Income Tax Income Tax + AT Income Tax - 1989 (12) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1989 (12) TMI 70 - ITAT AHMEDABAD-CExtract: .......r view, not without justification. The simple, plain and obvious fact is that the State granted exemption in return for the right to retain the gold and when that right was given up in favour of the bond holder it withdraws their right to exemption. 19. In the light of the above, we confirm the orders of the Commissioner. The appeals are dismissed.
|