In The Commissioner Of Income Tax v. M/S Speciality Valves P.ltd, the High Court (2005) 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 JURISDICTION
INCOME TAX REFERENCE NO. 195 OF 1996.
The Commissioner of Income Tax...... Appellant.
vs.M/s Speciality Valves P.Ltd. ....... Respondent.
Shri Ashok Kotangale with G. Hariharan i/b H.D.Rathod for the appellant.
CORAM : V.C.DAGA AND J.P. DEVADHAR, JJ.
DATED : 29th August 2005.
P.C. :
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(J.P. DEVADHAR,J.)
(V.C.DAGA,J.)
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