M/S.India Finance and Construction Co.P.Ltd. v. Mr.B.N.Panda, Dy.Commissioner of Income Tax and Anr.
Case brief
What is this about?
High Court disposed of the writ petition by directing the Dy. Commissioner of Income Tax to make assessment for AY 1984-85 and 1985-86 under Rule 1BB, applying the legal position laid down in Bella Cajetan Travaso vs. W.T.O.
What did the court decide?
Respondent No.1 directed to make assessment for assessment years 1984-85 and 1985-86 applying Rule 1BB.