1997 (3) TMI 494

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..... tion is resolved in favour of the assessee and against the Revenue by the decision of the Madras High Court in State of Tamil Nadu v. Subbaraj and Co. [1980 (9) TMI 253 - MADRAS HIGH COURT ]. The appeal lodged against this decision of the Madras High Court was dismissed in limine by this Court. Therefore, this decision of the Madras High Court is holding the field since it came to be decided on Se .....

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..... Tax Act, 1963 (hereinafter called, "the Act"). The relevant assessment years are 1975-76 to 1978-79. 2.. This question is resolved in favour of the assessee and against the Revenue by the decision of the Madras High Court in State of Tamil Nadu v. Subbaraj and Co. [1981] 47 STC 30. The appeal lodged against this decision of the Madras High Court was dismissed in limine by this Court in S.L.P. (C .....

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