In M/S. Silk & Art Silk Mfrs. Association Ltd. Bombay v. The Commissioner Of Income Tax Pune, the High Court (2008) decided the matter.
Summary auto-generated from the order below — read the full judgment for the complete reasoning.
IN THE HIGH COURT OF JUDICATURE AT BOMBAYORDINARY ORIGINAL CIVIL JURISDICTIONINCOME TAX REFERENCE NO.206 of 1993
M/s. Silk & Art Silk Mfrs.Association Ltd. Bombay: Appellant
v/sThe Commissioner of Income TaxPune: Respondent
Mr. S.J. Mehta advocate for appellantNone for respondent
Coram : Dr.S. RadhakrishnanS.J. Kathawalla, JJ.Date: 29.7.2008.
In view thereof rule is discharged. The reference is
returned back unanswered.
(S.J. Kathawalla,J.) (Dr.S. Radhakrishnan,J.)
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