1994-VIL-07-SC-DT
Equivalent Citation: [1995] 211 ITR 447, 125 CTR 54
Supreme Court of India
Civil Appeal No 705 of 1977.
Date: 30.11.1994
ASSAM FOREST PRODUCTS PVT. LIMITED
Vs
COMMISSIONER OF INCOME-TAX
For the Appellant : P. H. Parekh Suneeta Sharma and Prerna Kohli, Advocates
For the Respondent : J. Ramamoorthy, Senior Advocate (Ranbir Chandra , Ms. A. Subhashini and S. N. Terdol, Advocates)
BENCH
B. P. JEEVAN REDDY AND S. B. MAJMUDAR JJ.
JUDGMENT
In view of the decision of this court in Phool Chand Bajrang Lal v. ITO [1993] 203 ITR 456, the plea raised herein by the assessee does not merit consideration. In view of the said decision, question No.1 has necessarily to be answered against the assessee and in favour of the Revenue. We order accordingly. So far as question No. 2 is concerned, since it is merely an order of remand, it cannot be said to constitute a question of law which merits consideration by us. The appeal is accordingly dismissed. No costs.
DISCLAIMER: Though all efforts have been made to reproduce the order accurately and correctly however the access, usage and circulation is subject to the condition that VATinfoline Multimedia is not responsible/liable for any loss or damage caused to anyone due to any mistake/error/omissions.