1990-VIL-62-SC-DT

Equivalent Citation: [1991] 187 ITR 181, 94 CTR 175

Supreme Court of India

Civil Appeals Nos 3306, 3307 and 3308 of 1984.

Date: 13.07.1990

COMMISSIONER OF INCOME-TAX

Vs

INDIAN TELEPHONE INDUSTRIES LIMITED

For the Appellant : Dr. V. Gauri Shanker, Senior Advocate (Manoj Arora and Ms. A. Subhashini, Advocates)
For the Respondent : None

BENCH

DR. T. K. THOMMEN, KULDIP SINGH AND M. FATHIMA BEEVI JJ.

JUDGMENT

These appeals by the Revenue are against the judgment of the Karnataka High Court in CIT v. Indian Telephone Industries Ltd. [1980] 126 ITR 548. In view of the subsequent amendment of section 35 of the Income-tax Act with retrospective operation, the appeals have to be allowed. We do so.

 

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