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The High Court of Madras rejected the petitions against the Revenue, citing a previous decision in Addl. CIT v. Bimetal Bearings Ltd. [1977] 110 ITR 131 (Mad). Petitions were dismissed with costs of Counsel's fee Rs. 250.
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The High Court of Madras rejected the petitions against the Revenue, citing a previous decision in Addl. CIT v. Bimetal Bearings Ltd. [1977] 110 ITR 131 (Mad). Petitions were dismissed with costs of Counsel's fee Rs. 250.
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