M/S.SHASUN CHEMICALS AND DRUGS LTD. vs. COMMISSIONER OF INCOME TAX, CHENNAI

The appeals are allowed

C)No.33503 of 2011) J U D G M E N T A.K.SIKRI, J. Leave granted. 2. Matter heard finally. 3. Two issues are raised in these appeals by the appellant/assessee, which is a public limited company engaged in the business of manufacture and sale of bulk drugs and intermediates. The first issue is regarding the Page 2 JUDGMENT