LAWS(CAL)-2002-8-40

BRITANNIA INDUSTRIES LTD. Vs. COMMISSIONER OF INCOME-TAX

Decided On August 13, 2002
BRITANNIA INDUSTRIES LTD. Appellant
V/S
COMMISSIONER OF INCOME-TAX Respondents

JUDGEMENT

(1.) THIS is a petition of appeal under Section 260A seeking to challenge the decision of the Tribunal given on December 12, 2001.

(2.) THE sum involved is Rs. 31,38,017 for the assessment year 1994 -95, the said sum being claimed by the assessee as expenses for rent, depreciation, repair and maintenance of its guest -house.

(3.) FACED with the stiff opposition of the Revenue, Dr. Pal appearing for the assessee, had to place before us numerous authorities to support his case for admission of the appeal.