2008 (5) TMI 144

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..... treated as an “Industrial Company” u/s 2(8)(C) and that the tax be charged at low rate applicable to an Industrial Company – Held, yes – AO was not justified in rejecting the assessee’s claim and charging tax at a higher rate of 65% - question of law as referred by the Tribunal is answered against the revenue
RAJIVE BHALLA and RAKESH KUMAR GARG JJ. Krishan Mehta, Advocate for the applicant-r .....

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