Partly allowed
Wallace Flour Mills Ltd. v. J.M.Swarup and Ors.
Bombay HCWP/2915/1990
Case brief
AI extract
What is this about?
In W.P. No. 2915 of 1990, the High Court directed the valuation officer to compute income under Rule 1BB for AYs 1984-85 to 1988-89 and under Schedule III for AY 1989-90, relying on a prior order.
What did the court decide?
Respondent No.4 is directed to make the assessment for the assessment years 1984-85 to 1988-89 by doing valuation in terms of Rule 1BB and for the assessment year 1989-90 in accordance with Schedule I