TMI Blog2007 (5) TMI 587X X X X Extracts X X X X X X X X Extracts X X X X ..... , JJ. For the Appellant : Ms. P.L. Bansal For the Respondent : Santosh K. Aggarwal JUDGEMENT The following question of law has been referred for our opinion under section 256(1) o ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... position that in view of the decision of the Madras High Court in CIT v. Peirce Leslile Co. Ltd. [1997] (Mad) (1997) 227 ITR 761 question is required to be answered in the negative, in favour o ..... X X X X Extracts X X X X X X X X Extracts X X X X
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