TRAVANCORE SUGARS AND CHEMICALS LTD vs. DEPUTY COMMSSR;INCOME TAX,C-I,THIRUVALLA
ITA/279/2010HC Kerala31 Mar 2022
Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR. JUSTICE BECHU KURIAN THOMAS,HONOURABLE MR.JUSTICE BASANT BALAJI
B order
dated 14.03.2006, and by the Income Tax Appellate Tribunal (for
short 'the Tribunal'), vide order dated 24.08.2007.
3.1 The assessee placed strong reliance on the judgment
in Commissioner of Income Tax v. Malabar and Pioneer Hosiery (P.)
Ltd1, especially the following paragraph:
1 [1996] 221 ITR 117 (Ker.)
ITA Nos.11/2008, 12/2008, 279/2010,
282/2010, 292/2010
-9-
'It is also
