1992 (10) TMI 2

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..... nt : B. S. Rajappa and Ms. A. Subhashini, Advocates ORDER DR. A. S. ANAND J. - These appeals were filed on a certificate of fitness granted by the High Court of Calcutta, vide order dated November 29, 1978, in Income-tax Reference No. 292 of 1975. In a reference under section 256(1) of the Income-tax Act, 1961, the following question was referred for the opinion of the High Court (see [1978] 1 .....

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..... High Court is in consonance with the law laid down in Hukumchand Mills Ltd. v. CIT [1967] 63 ITR 232 (SC) and in Civil Appeals Nos. 2735 and 2736 of 1977 decided on September 24, 1992 (CIT v. Assam Travels Shipping Service [1993] 199 ITR 1). Consequently, both the appeals fail and are dismissed. There shall be no order as to costs. Appeals dismissed.
Case laws, Decisions, Judgements, Orders .....

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