2002 (7) TMI 23

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... sessee, the following questions are referred for our opinion in respect of the assessment year 1976-77: "1. On the facts and circumstances of the case, whether the Appellate Tribunal was right in its interpretation and application of section 35C of the Income-tax Act, 1961? 2. Whether, on the facts and in the circumstances of the case, the Appellate Tribunal was right in holding that the entire .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... . Manish J. Shah, learned counsel for the applicant-assessee, and Mr. Tanvish Bhatt, learned standing counsel for the Revenue. At the hearing today, our attention is invited to the decision of this court in Kaira District Co-operative Milk Producers Union Ltd. v. CIT [2002] 253 ITR 766, which has concluded the controversy covered by the first three questions and the questions have been answered i .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X