TMI Blog2009 (3) TMI 45X X X X Extracts X X X X X X X X Extracts X X X X ..... eciation on Distillation assets – question is answered in the affirmative and against the assessee - 156 of 1993 - - - Dated:- 18-3-2009 - F. I. Rebello R. S. Mohite, JJ Mr. P. S. Sahadevan for the respondent. Mr. J. D. Mistry with Ms. Payal Parikh, Ms. Nikita Kadam i/by M M Legal Venture for the applicant. JUDGMENT R. S. Mohite, J- The questions of law referred to this Cou ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... imits as were in force on 1.4.81 were applicable through out the previous year relevant to the assessment year 1981-82 ? 2. As regards question no.1(a), Counsel appearing for the applicant conceded that the record indicates that the "tools implements" as mentioned in the question pertain to the grant of distillation services. Read thus, the question has been answered by us in the judgment an ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... l conceded that the issue has been decided in the negative, in favour of revenue by the judgment and order of this Court in the case of CIT Vs. Aorow India Ltd., reported in 229 ITR 325. On perusal of the judgment, we find that the issue is covered by the judgment. The question is therefore, answered in the negative and in favour of the assessee. In view of the answers given above, reference i ..... X X X X Extracts X X X X X X X X Extracts X X X X
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