CIT Vs. M/S CERAMIC INDUSTRIES

JUDGEMENT

(1.) In all these appeals common question of law and facts arises and they relates to same assessee, therefore, these appeals were heard together and decided by this common judgment.

(2.) While admitting the appeals, this Court framed the following substantial question of law:

(3.) Mr. R.B. Mathur has taken us to the order of AO which reads as under:-