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.

 

 

 

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