1998 (3) TMI 266

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.... Chandiran, Advocate, for the Respondent. [Order per : Justice U.L. Bhat, President]. - The short question arising for consideration is whether cash discount claimed by the respondent would be admissible. The cash discount declared by the respondent was in the form of prompt payment discount which was known to the buyers by reason of circulars issued by the respondent. All buyers who made promp....