1995 (10) TMI 1 - SUPREME COURT

Unabsorbed Depreciation - Carry Forward and Set Off - High Court has refused to answer the reference, made at the instance of the Revenue, on the ground that the Revenue has failed to file the paper book in spite of a period of ten years having elapsed since the reference - In view of our judgment in Estate and Finance Ltd.'s case, we allow this appeal also and remit the same to the High Court with a request to dispose of it according to law