Punjab & Haryana HC: Assessee wins tax dispute as 'Industrial Company' citing precedent

The Punjab and Haryana HC ruled in favor of the assessee in a tax classification dispute as an "Industrial Company," citing a precedent.

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The Punjab and Haryana High Court judgment in 2008 (5) TMI 146 involved a dispute between the revenue and the assessee regarding the classification of the assessee as an "Industrial Company" for tax purposes. The Court ruled in favor of the assessee based on a similar precedent, disposing of the reference application accordingly.

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