2010 (11) TMI 1100

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.... NARAYANA SWAMY For the Appellant : Sri M.V. Seshachala, Advocate For the Respondent : Sri. Ashok A. Kulkarni For M/s. K.R. Prasad, Advocate JUDGMENT Heard the learned counsel for the revenue and so also the learned counsel for the respondent/assessee. 2. It is not in dispute that the present appeal pertains to the assessment year 1999-2000. It is also not in dispute that the assess....

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....oner of Income Tax vs. M/s. Fosroc Chemicals (Pvt) Ltd., Bangalore, disposed of the appeal granting the relief to the assessee. Aggrieved by the said order of the Tribunal the present appeal is filed by the revenue. In the above appeal the following substantial questions of law were raised and framed as under: 1. whether the excice duty of Rs. 21,80,652/- payable by the assessee on the go....