EAGLE FORGINGS Vs. COMMISSIONER OF INCOME TAX

JUDGEMENT

(1.) THIS is an appeal filed by the assessee raising following substantial questions of law, arising out of order passed by the 2005, for the asst. yr. 1998 -99, for opinion of this Court :

(2.) WE have perused the order passed by the Tribunal. While accepting the plea raised by the Revenue, the Tribunal relied upon a judgment of Hon'ble the Supreme Court of India in IPCA Laboratory Ltd. vs. Dy. CIT (2004) 187 CTR (SC) 513 : (2004) 266 ITR 521 (SC) and held as under :

(3.) ACCORDINGLY , the appeal is dismissed.