1990 (8) TMI 37

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..... tax Appellate Tribunal to refer to us certain questions which are set out in the application. Rule, however, has been issued only in respect of question No. 1 in R. A. No. 2611/(Bom) of 1984. This question is as follows: "Whether, on the facts and in the circumstances of the case and in law, the Tribunal was correct in holding that tyre-cord manufactured by the assessee was an 'automobile ancill .....

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..... lary and that it could not be said that the Tribunal's conclusion was without evidence or was perverse. The court had also relied upon a decision of the Supreme Court in the case of CIT v. Nirlon Synthetic Fibres and Chemicals Ltd. [1981] 130 ITR 14. For the same reasons, we also feel that no purpose will be served in these circumstances by making the rule absolute. In the premises, the rule is .....

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