1996 (1) TMI 104

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....e of the Revenue under section 256(1) of the Income-tax Act, 1961 : " Whether, on the facts and in the circumstances of the case and in view of the Explanation 2 to section 43B as inserted by the Finance Act, 1989, giving retrospective effect from April 1, 1984, the Tribunal has not erred in law in directing the Assessing Officer to allow relief to the extent of the sales tax amount paid even a....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....91] 191 ITR 676, the Gujarat High Court in CIT v. Chandulal Venichand [1994] 209 ITR 7, the Karnataka High Court in Chief Commissioner (Admn.) v. Sanjay Sales Syndicate [1992] 197 ITR 255 and the Kerala High Court in CIT v. Govindaraja Reddiar [1991] 187 ITR 417. All these High Courts answered the question in favour of the assessee and against the Department. However, the Delhi High Court answered....