1983 (8) TMI 53

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..... dvocate) For the Respondent : K. K. Roy, Senior Advocate (T. A. Ramachandran and D. N. Gupta, Advocates) JUDGMENT TULZAPURKAR J.- After hearing counsel for the Revenue as well as for the assessee, we are satisfied that the question raised in this appeal is covered by a decision of this court in Standard Vacuum Oil Company's case [1966] 59 ITR 685. Counsel for the Reve .....

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..... is very clear that the submission of counsel is ill conceived and that both the expressions are used in one and the same sense and the amounts described in either way have the same character. In fact, the Tribunal has observed that it was not disputed before it that the nature of both the items was one and the same. The appeal, therefore, is dismissed with no order as to costs. Appeal dismissed .....

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