1989 (12) TMI 28

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....he assessee. At the outset, Sri C. S. Agarwal raised a preliminary objection relying on a decision of the Delhi High Court in CWT v. Himalaya Trading Co. [1987] 168 ITR 586. The objection was that the Tribunal having adopted a particular method of calculating the fair market value which was reasonable and proper, no question of law can be said to arise out of the order of the Tribunal. We are unab....