https://www.taxtmi.com/caselaws?id=5262 The referred question was governed by an earlier Supreme Court authority, which covered the issue and determined the answer. Applying that precedent, the Court answered the first question referred by the High Court in favour of the assessee and in the affirmative. en-us Mon, 22 Aug 1988 00:00:00 +0530 Fri, 31 Aug 2018 12:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5262 The referred question was governed by an earlier Supreme Court authority, which covered the issue and determined the answer. Applying that precedent, the Court answered the first question referred by the High Court in favour of the assessee and in the affirmative. Case-Laws Income Tax Mon, 22 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5262