THE COMMISSIONER OF INCOME TAX-1, KOCHI vs. M/S.COCHIN MALABAR ESTATES & INDUSTRIES LTD.

Bench: HONOURABLE MR.JUSTICE S.V.BHATTI,HONOURABLE MR.JUSTICE BASANT BALAJI

94 0.55 Kozhikode 95/1 115.40 95/2 0.87 95/3 0.45 ------- 314.11 ====== 2.2 On 16.03.1996 the assessee executed and registered a regular deed of conveyance in favour of KSIDC. On 29.11.1996 the assessee filed return for the Assessment Year 1996-97 disclosing a loss of Rs.3,11,96,323/-. On 28.10.1997 income tax return was processed and a refund of Rs.6

THE PRINCIPAL COMMISSIONER OF INCOME TAX vs. M/S. APOLLO TYRES LTD

Appeal is allowed in part as indicated