1988 (11) TMI 71

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Income Tax
Judge(s)  : S. P. BHARUCHA., T. D. SUGLA  JUDGMENT The judgment of the court was delivered by T. D. SUGLA J. -The only question of law raised in this referen .....

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..... n in the case of CIT v. Indokem Pvt. Ltd. [1981] 132 ITR 125, which was followed in the case of CIT v. Mercantile Bank Ltd. [1988] 169 ITR 44 (Bom), the question is required to be answered in the nega .....

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