M/S.PREMIER BREVERIES LTD.KARNATAKA vs. COMMISSIONER OF INCOME TAX, COCHIN

Section Page 2 JUDGMENT Page 2 of 18 256(2) of the Income Tax Act, 1961 (as it then existed) (hereinafter for short ‘the Act’) the questions reframed by the High Court have been answered against the appellant- assessee and in favour of the revenue. The question decided by the High Court and relevant to the present appeal relates