2001-VIL-47-SC-DT

Equivalent Citation: [2001] 251 ITR 780, 170 CTR 558, 119 TAXMANN 781

Supreme Court of India

Civil Appeal Nos. 4580 to 4583 of 1998

Date: 19.07.2001

COMMISSIONER OF INCOME TAX

Vs

PUNJAB BONE MILLS

For the Appellant : Ranbir Chandra, Ms. Neera Gupta And Ms. Sushma Suri
For the Respondent : Pratap Venugopal and K.J. John

BENCH

S. P. Bharucha, Y. K. Sabharwal And Brijesh Kumar

JUDGMENT

No interference with the judgment and order of the High Court (see [1998] 232 ITR 795 (P & H)) is called for. Having regard to the first question, considering how that question is worded, it is properly answered. As to the second question, the relevant material in regard to the cash incentive for exports does not appear to have been placed before the Tribunal. Without that material, it is not possible to decide that the contention of the Revenue is correct.

The civil appeals are dismissed with cost.

 

 

 

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