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
27. Applying the decisions of the Hon'ble Supreme Court to the facts
involved in the present income tax appeals, more particularly, the purpose
test as formulated by the Hon'ble Supreme Court in the case of Sahney
Steel & Press Works Ltd.(supra); it is seen that the excise duty exemption
was so granted for the purpose of industrializing
