At, Supreme Court of India
By, HON'BLE JUSTICE S. RANGANATHAN AND HON'BLE JUSTICE SABYASACHI MUKHARJI
Judgment Text
In view of the decision of this court in Sunil Siddharthbhai v. CIT [1985] 156 ITR 509, the first question referred to the High Court, as mentioned in the order of the High Court under appeal, is answered in favour of the assessee and in the affirmative. The appeal is accordingly allowed. Th
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ere will be no order as to costs.