COMMISSIONER OF INCOME TAX TRIVENDRUM Vs. AUTOKAST LIMITED

JUDGEMENT

(1.) The question that was before the High Court read thus :

(2.) The High Court answered the question against the Revenue. The Revenue is in appeal by special leave.

(3.) It is not now in dispute that the appeal must succeed, having to the Judgment AIR 1998 of this Court in Tuticorin Alkali chemicals and Fertilizers limited v. Commissioner of Income Tax (227 ITR 172).