THE PRINCIPAL COMMISSIONER OF INCOME TAX AND ANR. vs. M/S GREENPLY INDUSTRIES LIMITED
ITA/6/2023HC Gauhati03 Mar 2025
Bench: Honourable The Chief Justice Honourable Mr. Justice N. Unni Krishnan Nair Date Of Hearing : 25.02.2025 Date Of Judgment & Order : 04.03.2025
For Respondent: B SARMA, DR. ASHOK SARAF,MR P BARUAH,MR. N N
Section 115Section 143(3)Section 260A
permanent nature. Thereafter, the High Court of Jammu & Kashmir
proceeded to interfere with the decision of the Income Tax Appellate
Tribunal, Amritsar Bench, Amritsar, holding the excise duty exemption
availed by the assessee, therein, to be a revenue receipt and it was held
that the said incentive so availed by the assessee, therein, to be a capital
receipt
