LAWS(MAD)-1976-11-27

MADRAS AUTO SERVICE Vs. COMMISSIONER OF INCOME TAX

Decided On November 29, 1976
MADRAS AUTO SERVICE Appellant
V/S
COMMISSIONER OF INCOME-TAX Respondents

JUDGEMENT

(1.) THE question referred to this court in Tax Case No. 275 of 1972 is :

(2.) THE question referred to this court in T.C. No. 277 of 1972 is :

(3.) IN Nagammal Mills' case [1974] 94 ITR 387 (Mad), referred to already, this court observed at page 391 as follows :