High Court Of Madras
CIT vs. Fenner (India) Ltd.
Section SURTAX SCH. II, SURTAX RULE 4
M. N. Chandurkar, C. J. & Srinivasan, J.
Tax Case Petitions Nos. 5 to 7 of 1987
22nd October, 1987
C. V. Rajan, for the Revenue : R. Janakiraman, for the Assessee.
SRINIVASAN, J. :
These matters are covered by the decision in Addl. CIT vs. Bimetal Bearings Ltd. 1978 CTR (Mad) 50 : (1977) 110 ITR 131 (Mad), against the Revenue. Hence, these petitions are rejected with costs. Counselâs fee Rs. 250 one set.
[Citation :181 ITR 517]