LAWS(APH)-2010-10-31

COMMISSIONER OF INCOME TAX Vs. SARVARAYA TEXTILES LTD

Decided On October 29, 2010
COMMISSIONER OF INCOME TAX Appellant
V/S
SARVARAYA TEXTILES LTD. Respondents

JUDGEMENT

(1.) Both the Revenue and the assessee have sought a reference to this Court under Section 256(1) of the Income Tax Act, 1991. The question referred for our opinion, at the instance of the revenue, is:

(2.) The question referred to us for our opinion at the instance of the assessee is:

(3.) It would be convenient to first deal with the question referred for our opinion at the instance of the assessee.