MODI INDUSTRIES LIMITED, MODINAGAR vs. COMMISSIONER OF INCOME-TAX, DELHI
The appeals are allowed in the above
C.A. No.-000928-000928 - 1980Supreme Court15 Sept 1995
For Respondent: COMMISSIONER OF INCOME TAX, DELHI AND ANR. ETC. ETC
Section 143Section 144Section 18Section 18ASection 2Section 207Section 208Section 209Section 211Section 214
80P of the Act, its income was not
liable to tax. The Income Tax officer rejected the
contention. On Appeal, the Appellate Assistant Commissioner
upheld the assessee’s contention, in pursuance of which, a
revised assessment order was made by the Income Tax Officer
substantially reducing the amount of tax. The assessee
claimed interest on the excess amount
